Yes, I am "referring to the 5-year Tax History Report, with footnote on that form says "the tax bracket % is based on taxable income."
Seeking clarification on your reply.
I am looking at the 1040 Worksheet. I see line 15, Taxable Income (same value as in my original message).
Between lines 15 and 16 I see the Tax Smart Worksheet --> the tax calculation is pulled from "Qualified Dividends and Capital Tax Gain Worksheet." I can follow the Qual Div/Cap Gn Worksheet; it added lines 18, 21, and 22, which is my "Tax on all taxable income."
So...still not sure why Turbo tax is bumping me into the next Marginal Tax Rate.
Guidance welcome.
