Deceased Final Tax Return

[Thad]

The deceased client has a $27614 taxable income liability. But her tax is only $603 on her Form 1040? Why is the tax much lower than usual for this client?

[New York Enrolled Agent]

The deceased client has a $27614 taxable income liability. But her tax is only $603 on her Form 1040? Why is the tax much lower than usual for this client?

Capital gains perhaps????????????????

[John of PA]

There is a substantial zero percent tax bracket for Capital Gains, as the other post indicted.