t*m
发帖数: 4414 | 1 Question:
“We'll the following income for 2013 (married file jointly): and $35K is
salary and $10K is qualified dividends; $5K is ordinary dividends; $60K is
capital gains ($20K is short term capital gain and $40K is long term). Say
the 10% tax bracket is at $17,850 and the 15% bracket is at $72,500, what is
the best way to estimate our taxes?”
I tried to answer this question as the following. Am I correct?
Salary + ST capital gain + Ordinary Div first. Then subtract our deductions
(itemized or standard) & exemptions. Then subtract that number from $72,500
. The difference will be how much of our LTCG & Qualified DIV are taxed at 0
%. The rest will be taxed at 15%.
So, based on standard deduction and 2 exemptions (no kids):
35,000 salary
+20,000 STCG
+ 5,000 Ord Div
- 12,200 Standard deduction
- 7,800 two exemptions
= 40,000 "ordinary" taxable income ($17,850 taxed at 10% and $22,150 taxed
at 15%)
72,500
- 40,000 "ordinary" taxable income
32,500 Long term capital gains not taxed (taxed at 0%)
40,000 total LTGC
-32,500
=7,500 LTCG taxed at 15%
So our total FED tax will be $17,850 *10% + $22,150*15% + $7.5K*15% | d***l
发帖数: 27 | 2 find a CPA or buy a turbo tax, and you will be fine
is
deductions
500
0
【在 t*m 的大作中提到】
: Question:
: “We'll the following income for 2013 (married file jointly): and $35K is
: salary and $10K is qualified dividends; $5K is ordinary dividends; $60K is
: capital gains ($20K is short term capital gain and $40K is long term). Say
: the 10% tax bracket is at $17,850 and the 15% bracket is at $72,500, what is
: the best way to estimate our taxes?”
: I tried to answer this question as the following. Am I correct?
: Salary + ST capital gain + Ordinary Div first. Then subtract our deductions
: (itemized or standard) & exemptions. Then subtract that number from $72,500
: . The difference will be how much of our LTCG & Qualified DIV are taxed at 0
|
|
