Solved
Just finished my return. Taxable income $18,140 & tax on line 44 zero. I know that’s wrong. What do I do?
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MichaelL1Answer
Level 15
June 3, 2019
If you are in the 10% or 15% tax bracket for 2017, the capital gains tax rate is 0%.
That's right 0%.
The taxes are not computed using the Tax Rate Tables when you have Capital Gains and/or Qualified Dividends.
Please click on this link for more details on this.
Your tax computation is correct providing all the income has been reported.
TurboTax has a 100% Accuracy Guarantee on the tax computation.
