Income Analysis
Your income in 2024 came from $134,105 of wages, $278 of dividend income, $6,330 of pension income, $42,034 of taxable Social Security benefits, and $134,105 of other losses.
Tips to maximize your income
You were in the 10% tax bracket for 2024. This means that the next dollar of income beyond $17,892 gets taxed at 10% on your federal return. It's important to note that certain items, for example, long-term capital gains from the sale of stocks, are taxed at different rates than your tax bracket rate.
