I made a one time Fed tax payment of $3,200 in Dec. 2025 because I knew I would owe taxes. Now it says I owe $262 Fed tax, and that includes $59 underpayment penalty!
Are we eligible for the qualified business income deduction? Our income is rent from a single-family home we use for ourselves only in the summer.
How do I identify non taxable dividends from PA municipal bonds within a fund that also has PA taxable dividends and US government bond interest?