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Subject:  Long term cap gains tax rate - 0% Date:  11/28/2012  6:01 PM
Author:  RBMunkin Number:  117014 of 132652


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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