KeithS-2020
Expert Alumni

Retirement tax questions

@Dslomer64 The reason for the $5 difference is that the tax tables are based on the middle of that small bracket. Continuing your example, the tax on $80,025 is $13,464. A person with Taxable Income of $80,049 should pay $13,468, but per the tables will only pay the same $13,464.

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