Welcome Guest. Register Now!  


For 2013 Tax Tips For Year 2013.


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 11-12-2013, 07:10 PM
Junior Member
 
Join Date: Nov 2013
Posts: 14
What are

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?

Thanks



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 11-13-2013, 01:23 PM
Moderator
 
Join Date: Oct 2010
Posts: 5,258
Quote:
Originally Posted by hoangtu69 View Post
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?

Thanks
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????



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.