@reg-20-flamespla
If most of those dividends were "qualified" dividends, box 1b.......then the number is about right.
Why? At that income level MOST of the Cap gains and Qualified dividends are taxed at 0%...so all that is left to tax is the Interest.
__________________
And I get $62,116 of income, before Std deduction.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
