Can you tell me how much $$$ I would owe to federal using the below numbers please?
Salary 2013: $100,000
Long term capital gain 2013: $60,000
Status: Head Of Household
Can you also tell me how you come up with the final amount $$$ please?
Answer :
It depends on your personal situation; how many exemptions(dependents) do you claim or report on line 6d on 1040?? Do you itemize your deductions on Sch A of 1040 or do you take std deductions???
Did you make any estimated quarterly taxes on your portfolio income?? Or etc?? Do you contribute your retirement plans,i.e., IRA or 401K or etc????
Visit Asktaxguru for Online tax help
Salary 2013: $100,000
Long term capital gain 2013: $60,000
Status: Head Of Household
Can you also tell me how you come up with the final amount $$$ please?
Answer :
It depends on your personal situation; how many exemptions(dependents) do you claim or report on line 6d on 1040?? Do you itemize your deductions on Sch A of 1040 or do you take std deductions???
Did you make any estimated quarterly taxes on your portfolio income?? Or etc?? Do you contribute your retirement plans,i.e., IRA or 401K or etc????
Visit Asktaxguru for Online tax help
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