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Simple Calculation of Federal Tax
I'm looking at a simple calculation of 2024 Federal Income Tax (Line 16) in 2024 Turbotax Premier.
$ 100,000 W-2 Wages - $ 14,600 Standard Deduction = $ 85,400 Taxable Income
Age 30 Taxpayer, Single Status
2024 Turbotax Premier calculates the Federal Income Tax (Line 16) = $ 13,847
I manually calculate the Federal Income Tax = $ 13,841 , and this amount is confirmed @
https://www.nerdwallet.com/calculator/tax-calculator
Why can't I manually calculate the Federal Income Tax (Line 16) shown in Turbotax?
‎January 5, 2025
3:23 AM