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mjs2677
April 7, 2025
Question

Why would my long-term capital gain on a stock sale be calculated as income (at 27%) rather than at the LTCG rate of 15%?

  • April 7, 2025
  • 1 reply
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    1 reply

    SusanY1
    SusanY1
    April 7, 2025

    There isn't any reason for it to calculate at a higher rate, but the income itself can skew other elements of your tax return.  If it is inadvertently entered as short term, this could cause the higher tax rate to apply. 

    Can you tell us more about where you see the 27%?  That may help us to narrow down what you're seeing better. 

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