RM_L
Level 2

HELP: why do I owe taxes for an AGI of less than $32K (Single taxpayer)

I apparently owe about $800 in federal taxes this year, which really surprised me.  If someone can shed some light, that'd be greatly appreciated.  My details below:

1.  Single tax payer ($14600 standard deduction)

2.  Capital Gains: $17K

3.  Ordinary Dividends:  $29K

AGI:  $31,400, Tax due (per TurboTax: $800)

 

Thanks much in advance.