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Financial Planning / Tax Strategies
|Subject: Long term cap gains tax rate - 0%||Date: 11/28/2012 6:01 PM|
|Author: RBMunkin||Number: 117014 of 120393|
Any help here would be appreciated.
Tax year: 2011
If the LT cap gains tax rate is zero for 15% tax bracket, why does my 2011 Turbo Tax show the LT cap gains I had on line 13 if my TAXABLE INCOME was well below the $69,000 at the top of the 15% tax rate bracket for married filing jointly?
I usually trust Turbo Tax and somehow doubt this is their mistake. What mistake might I be making?
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