What I want is a way to verify if the computed tax value on line 16 is accurate per whatever method that is being used by Turbo Tax. The "Qualified Dividends an...
Yep, found the form and saw how total tax is calculated. That for all the info. I got all the answer needed. I won't be responding to this thread anymore
Thanks for all clarifications/corrections.So in short, capital gain, regardless of long term or short term, it will affect AGI. and AGI will affect other tax cr...
This is a Long Term Capital Gain. I understand that I have to pay tax on LTCG.But it's a separate tax base on LTCG tax rate.And it's NOT suppose to change your ...
Here's an example with screen shot from TTAX Premier 2020Notice the Federal Refund and CA Refund. The LTCG amount amount would be 10,000Now. after once the OK/C...
