Can long term capital gains push me into a higher tax bracket? 

Fourth video I watched on RU-vid to try to get tangible examples and the first one that made sense!

Thank you so much! I was searching for this explanation everywhere. The only thing I was still a little confused and wish you had explained was how you broke down the amount of capital gain that should fall within each cap gain brackets to be taxed at 0% vs 15%. For example, in your example 3, the calculation used in arriving at $75,900 and $74,100. A formula that should work even with a taxable income that falls within a 20% bracket.

Thanks. This answered all my questions clearly😊

Finally, I found a good video that explains this in simple graphs! I just could not figure out if one more dollar in AGI switched all capital gains from the 0% bracket to the 15% bracket.

Thank you so much for this. I had been looking for a good video on exactly this topic.

This was he only video that went into specifics! Everyone else just read from a blog with a generic explanation. Thanks!🤙

Great content! Thank you

So clear!!! Thank you.

This content was very informative and helpful, although not what I wanted to hear. I learned ordinary income is added to long term capital gains to determine the amount of tax liability. It is a double taxation, similar to social security provisional income calculation. All of these schemes are smoke and mirrors design to trick tax payers so the government can collect more tax revenue. I make over $200k and what to sell a rental, but with this new information, I will not sell it. The second thing I learned, one that I did not consider, was the impact on Medicare premium and AGI. The government sells the dream of property ownership and retirement investing, but don't mention taxes you will have to pay later until you retire. It is better to own nothing, stay out of debit, live within your means and only invest in ROTH IRA or ROTH 401k accounts. The was Federal Tax?., how does California tax capital gains when you sell a rental?

OMG. So clearly explained, even I could follow this !

Thats some good video!!!

Well explained. Thanks.

Best cap gain video I found--thank you

Thank you. I appreciate the clear explanation, easy to understand illustrations, and the clarification of the typo (15% supposed to be 0%).

Best explanation I've seen .... Now, I can do some projections and calculations and scenarios. Thank You! At least I'll know somewhat what I'm talking about with my CPA.

Very well explained. It would be great if you could do one on ordinary vs qualified dividends as well. My understanding is their tax treatment parallels short term vs LT capital gains.

Great video, Ted.

I understand what you’re explaining about the long term capital gains being taxed at 0 % if less than approximately $88,000. Married Filing jointly, BUT when I look at the Schedule D, they add the short term gains and long term gains together, then want you to put the sum together on the 1040 line 16, which just adds it to the adjusted gross income to be taxed at the going rate. Where’s the form that shows 0%, 15%, and 20%?

To summarize, ordinary income calculations and capital gains should be done separately. for ordinary income there is no change in calculating and capital gains is not added or taken into account. So your taxable income for ordinary income tax bracket will not be pushed into the next tax bracket. Where it does change is how the IRS taxes long term capital gains. So the IRS will see the amount you made on your capital gains and add the taxable ordinary income you previously calculated and use a different tax bracket chart Just to tax only the capital gains.

I still don't understand how the actual marginal capital gains Values were calculated

good explained

Excellent video. Thanks so much for making this. It explains SO much since we will be in this scenario if we sell a property in 2024.

Can I reduce my ordinary income for this move using HSA contribution in addition to the standard deduction? Thank you great video

Interesting I did not know the capital gain and w2 are combined in the bracket I thought it was separate very weird but interesting

Is the LTCG calculated and taxed as a “gross” amount, or do you use the cost basis of just the gain? Thank you

Thank you for the video. It was very helpful, and cleared many things up. I'm curious if it would be correct to conclude that the opposite is true. Instead of long-term capital gains threatening to push your ordinary income into a higher bracket, does your regular income actually have the power to push your long-term capital gains income into a higher capital gains bracket? Thus, for planning purposes, maybe consider not picking up too many extra hours at your regular job, if you anticipate realizing a long-term capital gain in a given year. This would keep your total taxable income lower, and thus keep more, if not all, of you capital gains income inside the lowest (0%) bracket. What are your thoughts?

Thanks for explaining everything so well here. Can you please make a video of how Medicare insurance premium is calculated based on Earned income and Un-Earned income(long term capital Gains) in a given year? Do they care whether you have income from long term/short term Capital Gains or Dividends? Do they view the two differently? Example: Earned ordinary income is 20,000 Long term Capital gains/Qualified Dividends is 30,000 Therefore, total income is $50,000 Is the medical premium determined based on the above amount?

Can you make one with short capital gain

Great video! Does tax software automatic calculate this?

On line 16, Part III of Schedule D, it says to combine line 7 (short term) and 16(long term). But if your long term is being taxed at 0%, 15%, or 20% (different than short term), then why are they combined together and entered on line 7 of the 1040 to be taxed at a regular rate? Is there another form or method of entering the long term capital gains? In other words, where is the IRS form that shows 0%, 15%, or 20% for Long Term Capital Gains?

Hi, I am wondering the exact same question except towards short term stock capital gains.. (I have less than 40K w2 {12%}) but 100k short term gains. Will I be able to tax those short term gains at 12% aswell or will it bring me up to 140K (24%) Thank you in advance as I greatly need to know this answer

Here is a brain teaser for you. True or False. Is there an income level where generating additional income as long term capital gains will cause more tax than the same amount of additional income from short term capital gains or ordinary income.

So many mistakes with numbers.. How did you come up with 75900 ? 80000 - 4900 ? Please use a calculator before jumping on youtube.