Realized gains only (that is, only gains on things you sell or convert to another form), and short-term only (generally, things held less than a year). You have to read schedule D to figure out that long-term gains are reported and taxed separately (at a lower rate, and not increasing your bracket for other income).
Realized gains only (that is, only gains on things you sell or convert to another form), and short-term only (generally, things held less than a year). You have to read schedule D to figure out that long-term gains are reported and taxed separately (at a lower rate, and not increasing your bracket for other income).
If you read schedule D you will see that long-term capital plans are included in AGI, even though they are taxed at a separate and lower rate