Pay Zero Tax on Long-Term Capital Gains (Legally)

Many people assume that long-term capital gains are taxed at 15% or more, but sometimes the IRS offers us a break! Scott explains the 0% capital gains tax bracket and how a retired couple can take advantage of it (especially before Social Security).

DISCLAIMER: This video is only helpful hints and education. It is not specific tax, legal or investment advice. Before considering acting on anything you see in this video, first consult with your tax, legal or investment advisor. While the information expressed in this video is believed to be accurate, neither Scott Rinehart, CPA nor Verifi Financial LLC make any guarantees to its accuracy.

[cbenben]

This is the best video for LTCG tax reduction I have seen so far. Great job Scott, and thank you.

[AndyK-xlsq]

Scott this is an excellent video. Far and away the most informative on paying 0% capital gains tax while potentially doing Roth conversions.

[ShaneSideris]

This video is super informative. Really well done. The 55E spreadsheets are super clutch.

[davidfolts]

Thank you, Scott, great content. Your other YouTube videos are outstanding as well. Keep creating.🙏

[venom_lowrider]

This guy took 8 minutes to say the way to pay zero taxes is to not make enough gains to warrant paying taxes 🙄

[keithmachado-ppfv]

Here is a brain teaser. Is there any place in the tax code where additional income will be taxed higher if long term capital gain or qualified dividends than it would be as ordinary income, short term capital gain, or non qualified dividends.

[randygubka]

Just subscribed - thank you so much. Question, I have some long term capital gains that I wish to pull out on an annual basis for the next 5 years, how can I do that and pay the least in taxes? On a per year basis I mean. Also, if I get health care monies to help pay for health care, does a capital gain impact that or do they consider that as ordinary income? Thank you