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Tax calculation doesn't seem correct
AGI = approx $21,400 (LINE11)
Standard deduction = approx $13,000 (filing single) LINE 12
Taxable income = approx $8,400 LINE 15
Turbo tax says that there is no tax due.
All income was from investments: interest, dividends, cap gains. no W-2's, nothing withheld. no previous year refunds applied to 2022.
LINES 16-38 ARE EITHER BLANK OR "0"
Is this calculation of ZERO TAX OWED correct?
Thanks in advance
‎February 18, 2023
4:15 PM