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Turbotax Delux Desktop 2023 calculating my taxes wrong?
Line 15 on f1040 is $119,829. Value Turbotax calculated for line 16 is $16,917. Instructions from IRS f1040 shows for married filing jointly, should be calculated as (119,829 x 0.22) - $9385 = $16,977.
BTY, the Turbotax online help documentation on tax rates is completely wrong in this, saying that for this income level and filing status, it should be $2200 + 0.12 x (119,829 - 22,000) = $ 13,939.
So what is going on?
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‎April 2, 2024
4:29 PM