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Tax Planner not working?

steve5
Level 4

I'm using the Tax Planner for 2025 and have a MFJ with a projected AGI for 2025 of $66,716 using the standard deduction.  The tax planner is showing $0 for income tax in 2025....

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7 Comments 7
IRonMaN
Level 15

It's been working for me.  Sounds like it could be a case of pilot error.  Have you selected 2025 from the top of the column?


Slava Ukraini!
steve5
Level 4

Yes, this isn't my first flight, I've been using this software since 2012........

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rbynaker
Level 13

Is most of the income from dividends/capital gains?

steve5
Level 4

Yes, actually it is.  Is there a special method to make it work correctly?  I did review the entries.

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rbynaker
Level 13

Sounds like it's working correctly then.

IRonMaN
Level 15

Maybe not the first flight, but obviously the first flight through the mountains of capital gains.


Slava Ukraini!
gabletax
Level 5

I just love one part of the US tax code--the place where it says that a big chunk of this type of income is tax-free to the majority of my clients. Yay, Congress (or whoever wrote it in there)!