[daniel200]

Originally Posted by retiredguy123

You Post No. 7 implied that the first $41,675 of long term capital gains had no tax. However, the rule is that if a single person's income (including ordinary income and capital gain income) is less than $41,675, then there is no capital gains tax on long term capital gains. But, if the person has other income, such as a pension, exceeding $41,674, then their capital gains tax rate would be 15 percent or higher, depending on their income.

Yes, i agree it is your tax bracket that determines which tax rate is applied and your tax bracket includes ordinary income such as pensions