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Tax calculation
For 2019, my Taxable income is $304,416, so I'm in the MFJ 24% bracket. Based on the 2019 Federal tax table, the tax I should pay is $28,765+ ($304,416-$168,400)*24% = $61,359. TurboTax Premier computed my tax at $62,312. Why the difference of $962?
March 18, 2020
11:15 AM