ChasP57
Returning Member

Incorrect Tax Calculation

I believe TT Mac is calculating my tax wrong.

 

Taxable income (line 15) = $369,420

MFJ

Tentative tax = $74,521

But I calculate it as should be = $74,746

> 369,420 - 201,050 =168,370 

> 168,370 X .24 = 40,409

> 40,409+34,337 =74,746

Makes no sense?