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Calculation errors in Estimated taxes worksheet
I'm trying to understand the math in the 1040 ES & W4 Wks. If I add wages, qualified Dividends and Capital gains and the "total of your other taxable income" less the deduction allowed, I arrive at a number that is vastly higher (20% higher) from what is shown as taxable income. What am I missing?
March 23, 2024
1:35 PM