turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

My taxes are wrong

if my income is 577 over my deductions don't I owe taxes of $59 if I file single?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
ThomasM
New Member

My taxes are wrong

Not necessarily.  If some of that $577 taxable income figure came from long term capital gains or Qualified Dividends, then (in your bracket) those are taxed at 0%.  So your tax amount will be less than the tax table shows.  TurboTax calculates this automatically.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question