wanaberetiree
Full time employment: Posting here.
- Joined
- Apr 20, 2010
- Messages
- 718
So, I was busy working on my taxes last weekend. And then played an experiment - deleted all W-2s and try to see how much taxes would I have to pay on only Interest + Dividends + Cap gains totaling around $50-65K.
And... I was surprised to see that Fed portion was 0 and $2-3K for the state (CA).
Can somebody who actually has a similar situation in retirement share experiences on this subject?
And... I was surprised to see that Fed portion was 0 and $2-3K for the state (CA).
Can somebody who actually has a similar situation in retirement share experiences on this subject?