Turbo tax calculated positive taxable income ~ $600, but shows zero tax. Why could that be?

posted

For Cap gains and qualified dividends, special calculations are used...and the initial $$ amounts of those may not be taxed at all ( 0% ), even though they are included on the "taxable" income line.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

turbotax calc'd my 2024 estimated taxes for self employed income; can I ask it to recalc for investment income?

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Turbo tax calculated positive taxable income ~ $600, but shows zero tax. Why could that be?

Turbo tax calculated positive taxable income ~ $600, but shows zero tax. Why could that be?

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Turbo tax calculated positive taxable income ~ $600, but shows zero tax. Why could that be?

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Turbo tax calculated positive taxable income ~ $600, but shows zero tax. Why could that be?

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