There may be several reasons that your total Federal tax liability doesn't match the tax tables.
Note that taxes are often calculated using a different method than the tax tables. For example, if you have capital gains, the tax on those is calculated at the capital gain rate for your income level. For 2024, your “qualified” dividends may be taxed at 0% if your taxable income falls below $47,025 (Single or Married Filing Separately), $63,000 (Head of Household), or $94,050 (Married Filing Jointly or Qualifying Surviving Spouse).
Net capital gains are taxed at different rates depending on overall taxable income, although some or all net capital gain may be taxed at 0%. For taxable years beginning in 2024, the tax rate on most net capital gain is no higher than 15% for most individuals.
If you are self-employed, you may have self-employment taxes in addition to income taxes.
See this help article for more information.
You can preview your return before filing to find out how your taxes were calculated. See here for details.
TurboTax calculations are guaranteed. If your situation meets the terms of the 100% Accurate Calculation Guarantee, Intuit will reimburse the amount actually paid by you to the IRS or state in penalties and/or interest as levied against you in their first notice (i.e., if the notice is not paid, Intuit will not reimburse additional interest and penalties for not paying the first bill timely).
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