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Tax Calculation
I entered approx. 80,000 in income: approx. & 5k on wife's W2, 58k on our SS, 5.5k pension, 12k IRA dist. I did have a small capital gain loss this year. No fed. tax was taken from any of the income. Turbo is showing a AGI of approx. 4k and a tax of $413. Can this be right? Took the std deduction. We are both 74 years in age.
‎December 18, 2022
12:47 PM