Christopher E. asked

💰  Tax

How will my tax return look if I have an income of $23,000 from salary, $3,150 from unemployment, $26,660 from disability pension, $18,062 from Social Security, $14,500 in disbursements, and deductions including $4,458 in federal tax, $461 in Medicare, $285 in SDI, $1,192 in state taxes, $1,969 in Social Security, $329 in dental, $1,247 in Kaiser, $7,361 in 401K, and $1,309 in a loan? Additionally, I bought a home this year and paid $9,100 in mortgage interest and $4,200 in property taxes. Can I get an additional $10,000 this year from my IRA? I have one dependent, my father who passed away in January, and I am married filing jointly.

May 18th, 2024

Michelle P. answered

Based on the information provided, your tax return would look as follows: 1. Without taking an addit...

May 18th, 2024

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