In 2012 the tax rate for long term capital gains should be 0% for filers who are in the 10% or 15% tax bracket. I just ran a scenario through TurboTax 2012, and my long term capital gain are shown as taxable income. I checked the individual forms, but I do not see any place on the 1040 or supporting forms to "adjust" the long term capital gains income so they are taxed at 0% (I'm in the 15% tax bracket. ) What am I missing here? There has to be an "adjustment" somewhere.