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Calculation of Tax Owed
I use the Taxable Income from Form 1040 Line 15 and the tax computation algorithm on Page 77 of the IRS 1040 instructions at https://www.irs.gov/pub/irs-pdf/i1040gi.pdf. The answer I get for the tax I would owe is different from the answer calculated by TT. Why is that?
‎April 11, 2024
7:02 PM