Capital Gains/Dep Recapture If Not Above 2nd Tax Bracket

[Payman A.]

Hi all.  So after looking through pages of previous posts/replies, I did not find a topic that covers my exact question so I'm submitting this one.

Can someone please clarify how capital gains and depreciation recapture are taxed when selling a long term investment if for example:

- There is $60K worth of depreciation

- There is $15K worth of gains on top of depreciation

- Taxable income for us, a married couple, is $50K

Thank you all in advance,

Payman