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March 25, 2025
Question

income tax

  • March 25, 2025
  • 1 reply
  • 0 views

Income iras 17,000 ss 32,000 but only 2540 taxable making taxable income 19,540 standard deduction 30,200 do i still pay in

    1 reply

    JohnB5677
    March 25, 2025

    I suggest you look at your tax return Form 1040.

    From the left sidebar

    1. Select Tax tools
    • You may have to minimize both the Federal and State options by clicking the Down Arrows on the Sidebar.
    • You will then clearly see Tax Tools
    • Click the arrow to up to see additional options
    1. Click Tools
    2. A Menu will pop up
    3. Select View tax summary
    4. On the left panel click Preview my 1040

    Some Key numbers to compare:

    • 5a Pension 5b Taxable
    • 6A Social Security 6b Taxable
    • 11 Adjusted Gross Income
    • 12 Deductions
    • 15 Taxable income
    • 16 Tax
    • 33 Total Payments
    • 34 Overpayment
    • 35a Refund
    • 37 Amount you owe
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