How is it possible to pay no taxes on long-term capital gains realized during the year?

ANSWER

The BIDaWIZ Team's Answer:

If your adjusted gross income stays within the 15% ordinary income tax bracket or lower, your federal capital gains tax rate will be 0%. For instance, if you're married filing jointly and earn $72,500 or less, you will not be subject to taxes on long-term capital gains. This is another reason why it's so important to contribute to your 401(k) , IRA, flexible spending accounts, and other related mechanisms that lower your adjusted gross income.