Revive Therapeutics Ltd (RVVTF)

[its only money]

Trying to understand tax rate,any help is appreciated. So now that im in the long term capital gains according to this chart I would only be paying 15% plus my state tax of 4.95% so a total of 20% even if my profit is $3,000,000 million....does anyone know if this is correct?

$3,000,000 - $600,000 (20%) = $2,400,000 left.

Long-term capital gains tax rates for the 2022 tax year
FILING STATUS 0% RATE 15% RATE 20% RATE
Single Up to $41,675 $41,676 – $459,750 Over $459,750
Married filing jointly Up to $83,350 $83,351 – $517,200 Over $517,200
Married filing separately Up to $41,675 $41,676 – $258,600 Over $258,600
Head of household Up to $55,800 $55,801 – $488,500 Over $488,500