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Get your taxes done using TurboTax
Sorry I didn't give more detail. The TAXABLE INCOME (1040 Line 15) in both Turbotax and Taxslayer shows as $86,000. In both I verified that there were no dependents, the return is set to MFJ and dates of birth both filers to be over 65. Line 16 "Tax" in Turbotax shows $9,583. The same line in Taxslayer shows $9,859 which is exaclty the same as the IRS tax table show for MFJ with taxable income of $86,000. On the $86,000 line in the tax table, the taxes for the various filing categories are: 13,979, 9,859, 13,979 and 12,285. No tax numbers on the 86,000 taxable income line are 9,583. HOWEVER, the 83,700 taxable income line in the tax table shows a tax of 9,583 - the amount Turbotax put into the return at the higher 86,000 taxable income level.