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Get your taxes done using TurboTax
I believe there may be a tax calculation error in Turbo Tax. Turbo Tax Premier (CD version, with latest updates in place) says your taxable income is $34,042 and it calculated Federal tax owed of $2898. Filing status is Married filing jointly. According to the 2020 IRS tax tables the Tax owed should be $3688. I don't mind a lower amount if it is correct, but it just doesn't appear to be correct.
Please review and advise. Thank you.
March 8, 2021
2:55 PM