afabris
New Member

Turbo tax "Tax Bracket %" - Tax History Report

Hi all,

 

I was reviewing my return and noticed that on the "Tax History Report" page, I don't believe the "tax bracket %" line is calculating correctly.  It seems to be assuming that all of my income is ordinary (and that I don't have any LT cap gain income).  The tax bracket percentage gives which ordinary income bracket I fall under purely based on AGI less my standard deduction (to get to my "taxable income").  My "Taxable income" per this page INCLUDES long term cap gain income and so I don't believe the percentage it displays for my marginal tax bracket on this page is accurate.  Can someone confirm this for me?

 

Thanks SO much for any help you can provide!
Anthony