Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
If one is in the lower two tax brackets, I believe that the tax rate on Long Term Capital Gains is 0%.

However, if the filer hasn't reached the point where 85% of his Social Security is taxed as ordinary income, won't the LTCGs then increase the amount of SS that is taxed?

This would effectively cause the LTCG to be taxed at the ordinary income rate to the point that 85% of the flier's SS has been taxed.

This doesn't seem fair. Am I missing something?
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.