taxablesettler
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thank you, i am not eligible for any credits/deductions at the tax bracket rate and AGI is still within the same tax bracket rate
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Thank you, at that tax bracket rate person wouldn't be eligible for any credits/deductions.net investment income tax form 8960rate 3.8% makes it close to where ...
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Thank you, something new that i've learned today and still: 35%+3.8%=38.8% and what I see is 40.22% on the amount from 1099-INT, any ideas what 1.42% (40.22-38....
Activity Feed for taxablesettler
- Cheered Re: Income from 1099-INT is calculated at 40% rate. Instead of being taxed at 35%. I have compared W2 only, then added 10K from 1099-INT and it added up 4K more owed for Mike9241. February 11, 2024 11:01 AM
- Posted Re: Income from 1099-INT is calculated at 40% rate. Instead of being taxed at 35%. I have compared W2 only, then added 10K from 1099-INT and it added up 4K more owed on Get your taxes done using TurboTax. February 11, 2024 10:37 AM
- Posted Re: Income from 1099-INT is calculated at 40% rate. Instead of being taxed at 35%. I have compare... on Get your taxes done using TurboTax. February 11, 2024 10:35 AM
- Posted Re: Income from 1099-INT is calculated at 40% rate. Instead of being taxed at 35%. I have compared W2 only, then added 10K from 1099-INT and it added up 4K more owed on Get your taxes done using TurboTax. February 11, 2024 10:30 AM
- Posted Income from 1099-INT is calculated at 40% rate. Instead of being taxed at 35%. I have compared W2 only, then added 10K from 1099-INT and it added up 4K more owed on Get your taxes done using TurboTax. February 11, 2024 10:15 AM