My federal tax return is showing a taxable income of $25431, yet it shows no tax do. Why is that ?

posted

Connect with an expert

1 Best answer

Accepted Solutions

My federal tax return is showing a taxable income of $25431, yet it shows no tax do. Why is that ?

One possibility is that all the taxable income is from qualified dividends and capital gains, in which case the tax rate is 0%.

View solution in original post

1 Reply

My federal tax return is showing a taxable income of $25431, yet it shows no tax do. Why is that ?

One possibility is that all the taxable income is from qualified dividends and capital gains, in which case the tax rate is 0%.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post