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Not applicable
posted Jun 1, 2019 12:39:05 PM

Shouldn't tax payment be $8,595 for taxable income (AGI) of $57,549 as IRS tax table says instead of $8,343 as Turbo says?

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2 Replies
Intuit Alumni
Jun 1, 2019 12:39:07 PM

Did you enter any qualified dividends or capital gains on your return?  If so, the taxes are not calculated using the tax tables, but using the Qualified Dividends and Capital Gains worksheet.  

Intuit Alumni
Jun 1, 2019 12:39:09 PM

When you enter any qualified dividends or capital gains on your return, taxes will not be calculated using the tax tables, but using the Qualified Dividends and Capital Gains worksheet.  This worksheet will result in lower taxes than in the tax table or tax schedule.