Turbo tax calculated positive taxable income ~ $600, but shows zero tax. Why could that be?
01196
1 Replies
SteamTrain
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.