How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask RD Your Own Question
RD
RD, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 8784
Experience:  CPA, MBA, Over 10 yrs of experience in tax planning and business consulting..
510454
Type Your Tax Question Here...
RD is online now
A new question is answered every 9 seconds

What is the Taxws owed on 69,050 using QDCGTW

Resolved Question:

What is the Taxws owed on 69,050 using QDCGTW?
Submitted: 6 years ago.
Category: Tax
Expert:  RD replied 6 years ago.

RD :

It is difficult to give your a tax liability amount based on the information you provided. I will need to know the total income under various categories such as interest, dividend-qualified and other, capital gain, long term and short term, unrecaptured gain, if any, other income, your filing status, age etc.

Customer :

Filing status: Married filing jointly; For Willie age 61 W-2s- income 52374.04 Federal income taxwithheld 9542.52 SS tax 3581.99 medicare 837.72: Curtis age70 W-2s 6831.00 fed tax 19.72 - SS tax 423.52 medicare tax99.05- Pension 11355.42 Fed tax 532.00 SS benefit

Customer :

12376.80 Fed tax 786.00 medicare part B 1156.80 Intrest Bank midwest 5742.00; XXXXX XXXXX Div. Qulified 497.47; ordinary626.27; foreign tax paid 27.80 This is all that we have

RD and 4 other Tax Specialists are ready to help you
Expert:  RD replied 6 years ago.
What is your itemized deduction on the original tax return? and the total tax liability on Line 44 of Form 1040?

Please do not accept the post.