how much in taxes would be owed to the irs on 95,000 from dividends of preferred stock without any add income?

Answer 1

There is no general answer that covers all cases of your question. In order to determine the tax treatment of the dividends, you would need to read the prospectus for the investment.

Preferred stock dividends more often than not fail to meet the criteria for "qualified dividends." In this worst case, your income is taxed as ordinary income. The amount of tax will then depend on your filing status and number of exemptions.

For example, if you were single with one exemption, the tax on $95,000 of ordinary income is slightly more than $18,000.

Answer 2

Not enough information to say. Your tax liability depends upon your filing status, number of exemptions, any itemized deductions and other adjustments to income. It would also depend upon the characterization of the dividends as ordinary dividends or qualified dividends. If you can post that additional information you may get a worthwhile answer.

Answer 3

For Single on income of $95,000 (ordinary dividends), the federal income tax is $18,261.
This income is not subject to social security and medicare taxes.

Answer 4

The tax rate would probably be 15% assuming they are qualifying dividends. You can go to quantumonline.com and look up the stock to see if the dividends qualify for the lower 15% rate.