My return Federal Tax amount doesn't match the IRS Tax schedule for Over 65 filing single. The taxable income is $78,921 and the Turbo Tax amount for line 16 is $11,874

deesun9 · ‎February 3, 2025

The 2024 Tax table for single filers is showing $12,417.

BillM223 · ‎February 3, 2025

Did you receive capital gains or qualified dividends? These are taxed differently than ordinary income.

They are generally taxed at a lower rate...

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xmasbaby0 · ‎February 3, 2025

Everything is not on that same tax table. For example, do you have any qualified dividends or capital gains?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

deesun9 · ‎February 3, 2025

Yes I had both. Thank you so much.

deesun9 · ‎February 3, 2025

Thank you. I did have both dividends and capital gains.

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My return Federal Tax amount doesn't match the IRS Tax schedule for Over 65 filing single. The taxable income is $78,921 and the Turbo Tax amount for line 16 is $11,874