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Level 2
December 7, 2025
Question

Why is my projected tax zero?

  • December 7, 2025
  • 1 reply
  • 0 views

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?

    1 reply

    igor5927Author
    Level 2
    December 7, 2025

    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.