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April 14, 2020
Question

tax rates

  • April 14, 2020
  • 1 reply
  • 14 views

Why is the tax on Form 1040 line 12a less than half of the amount shown in the IRS 2019 tax tables.

    1 reply

    April 14, 2020

    any qualified dividends or long terp capital gains.    if not we don't know and can't see your return. 

     

     

    you would need to look at the tax smart sheet to see what was used to compute your taxes.