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Get your taxes done using TurboTax
Not that I want to complain, but can you confirm if you've updated the federal tax bracket for married filing jointly? The current Turbotax Delux 2021 has me at a bracket of 15%.
Per https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2021 ,
It shows:
- 22% for incomes over $40,525 ($81,050 for married couples filing jointly);
- 12% for incomes over $9,950 ($19,900 for married couples filing jointly).
I don't see a 15% rate:
In addition, for married filing jointly, shouldn't 1040a line 12b be $600? Mine allows only $300 and I can't change it.
‎January 31, 2022
10:06 AM