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On a return I did the taxable income was $430 and the soft ware showed $0 tax the IRS Tables showed $41.

TThompso
Level 1
 
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2 Comments 2
BobKamman
Level 15

Qualified dividends or long-term capital gains

IRonMaN
Level 15

I thought maybe with the new tax law they said the the first $431 of taxable income was now not taxable 😉


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