TurboTax shows a federal tax due of $675.
When I manually enter a 1099-INT from Treasury Direct, where Box 3 reports $2,460, the federal tax due increases to $1,705.
Is my calculation correct?
(1705 - 675) / 2460 = 41.87%
Does that seem right?
My total income is in the $243,726 - $609,350 range (Married Filing Jointly).
