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I lived off sales of stocks last year due to unemployment. I paid 15% for each stock sale for federal taxes. Why isn't that amount being deducted in the tax owed?
I sold about $300,000 of stocks to pay for the restoration of a cottage on my property but had no earned income. Those stocks had a 15% tax associated with each sale. Why isn't it applied to my federal tax owed?
‎April 2, 2025
12:44 PM