@mbdowty wrote:
TTax in this case doesn't use the math to calculate the tax but relies on the simplified tax table. In this case (hypothetical), TTax would have made me pay $3 more than the IRS would require.
@mbdowty
For taxable income below $100,000 you are required to use the Tax Table to calculate the tax. TurboTax is not making you pay "$3 more than the IRS would require." It is making you pay exactly what the IRS requires. Note that line 22 of the Qualified Dividends and Capital Gain Tax Worksheet (where the tax is calculated) says "If the amount on line 5 is less than $100,000, use the Tax Table to figure the tax."
[EDIT: Incorrect paragraph removed.]
@mbdowty wrote:
Strange that they don't do the rather simple math to come up with a better answer for the filer.
You are not allowed to use "simple math." Using the Tax Table is required.
