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Get your taxes done using TurboTax
I really thank you for that because it allowed me to see that that change isn't responsible for my issue.
Now I guess I really just don't understand the tax calculation. If I had no depr recapture or capital gains I would be in the 22% bracket. Depr recapture is supposed to be capped at 25%, and capital gains in my bracket is 15%. So I don't understand why they are taking an additional dollar of ordinary income at 25% instead of 22% (both are plus the 3.8% additional Medicare tax).
‎June 19, 2020
8:06 PM