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Deductions & credits
@mekellar wrote:
02.22.2022: I think TT for 2021 must have a problem with the tax tables. I got my completed TT rejected from IRS for another reason. I know have to send it in and before I do that I decided to look at how TT came up with what I owed since I figured I would owe more than they computed. I used the current 2021 tax table from irs.gov. I found that I should be paying $2,001 more than TT figured. I have been trying to talk to TT about this, but after numerous attempts, have given up.
Not all income is taxed using the IRS tax tables.
Did you have any Qualified Dividends or Capital Gains entered on your tax return?
If so then the Qualified Dividends and Capital Gains Tax Worksheet was used to calculate the taxes on the taxable income.
IRS Form 1040 Instructions Qualified Dividends and Capital Gains Tax Worksheet page 36 - https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=36