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Level 2
posted Dec 7, 2025 7:43:45 AM

Why is my projected tax zero?

Taxcaster for the 2025 tax year tells me I have $600 in taxable income and yet it says the tax owed is zero. I thought that amount of taxable income would be in the 10% category. I don't have any credits.  I do have qualified dividends. Could the zero tax be due to the BBB $6000 senior deduction or the qualified dividends?

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1 Replies
Level 2
Dec 7, 2025 12:10:02 PM

Hello everyone, Just in case anyone is interested, I went through the draft 1040 and the reason my tax is zero is due to qualified dividends.