Filing an amended 2022 Federal return by adding $2,880.00 in Qualified Dividends (with corresponding $2,880.00 listed as Ordinary Dividends). My Federal Tax increased by $971 or a 33.71% increase. My AGI increased by $5,331. How is this possible?
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One thing I can think of...if you are getting SS income, check line 6b of yoru form 1040.
The increased income may have also increased the % of your SS that is getting taxed too.
look at the 1040 before and after to see what changed. increasing income can alter some other items in computing AGI.
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