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March 6, 2020
Question

Why does turbo tax show tax on line 12b of $6575.00 on income line 11b of %8424.00 yet tax table shows $6623.00?

  • March 6, 2020
  • 1 reply
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1 reply

March 6, 2020

You may have qualified dividends and/or long term capital gains which are taxed at a lower rate.

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