I am confused on what should be used to calculating tax brackets. It seems that the turbotax software is using this formula: for someone making $50,000/yr the tax is $521.63 plus 6.925% of the amount over $11,279 for a total of $3,203.06. I found information on the idaho tax website that supports this.
However, another document on the idaho tax website also states states that the tax is $522 plus 6.925% of the amount over $23,279 for a total of $2,372.43
Which bracket information is correct?
By the way, why are we not able to post links to URLs in these comments?
