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Get your taxes done using TurboTax
If you have last year's tax return, look at how much you paid the IRS and FTB as a percentage of your adjusted gross income, and apply those percentages to the $8000. That should get you close. A more sophisticated approach would be to look up your marginal tax rate based on your higher AGI for this year and apply those percentages to the $8000. You can get the tax rates by Googling that topic.
‎September 19, 2023
1:59 PM
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