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New Member
posted Jun 1, 2019 12:10:18 PM

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

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1 Replies
Level 15
Jun 1, 2019 12:10:19 PM

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.