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Deductions & credits
Rewind a little here. I had made an error when entering some "other income".
Tax went from 12k to 0.
VolvoGirl, the IRA withdrawal was less than the standard deduction.
So, after my error with other income is accounted for, Turbotax shows a tax liability of $0.00
Restating: Our income from SS, interest, and the IRA withdrawal, is below the base amount for our status.
Answered my own question thanks to the question you asked of me. Your question gave me new areas to think about and look into.
Thanks!!
ā€ˇFebruary 9, 2025
2:51 PM