Scenario: If I earn $20,000 in rental income in 2023, plus I also earn $130,000 from the sale of a mutual fund held for longer than 1 year, what would my taxes be?

Federal taxes owed
State taxes owed (NY state)
All approximate.

601

Level 15

Dec 21, 2023 5:19:02 PM

Depends on many things. Just fill out a tax return. You don't have to pay until you want to print or file. You would need to use the Online Premium version.

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Scenario: If I earn $20,000 in rental income in 2023, plus I also earn $130,000 from the sale of a mutual fund held for longer than 1 year, what would my taxes be?