Is there a way to see the tax calculated for each income type?

Capital gains are taxed at a separate rate from ordinary income. You can see that amount separately on line 18 (15% rate) or line 21 (20% rate) of the Qualified Dividends and Capital Gain Tax Worksheet.

The sheet will also show you the amount of tax on ordinary income on line 22. You can prorate the ordinary tax number to get an approximate of the tax split between W-2 income and interest. For example, if your total tax was $15,000 comprising $5,000 capital gains tax and $10,000 ordinary tax and you had $20,000 in interest and $80,000 in W-2 income then your tax would be approximately:

• $5,000 capital gains
• $2,000 from interest (20% or $20,000/$100,000 x $10,000)
• $8,000 from W-2 (80% or $80,000/$100,000 x $10,000)

Related Resources:

• Topic No. 409 Capital Gains and Losses