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nolesrule t1_iy8c25i wrote

What everyone else said is correct, and it gets "better" because the capital gains income over $200k AGI will also get taxed 3.8% for Net Investment Income Tax.

Additionally 85% of the Social Security will count as income (and add to the AGI and taxable income) due to the other income.

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nolesrule t1_iy8d6z8 wrote

Back of the envelope they'll pay somewhere in the neighborhood of $68k due to taxation of social security, LTCG at 15% and NIIT.

And that ignores things like bank interest and any kind of retirement or investment income.

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