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mnrossman
New Member

THE TAX TABLE SAYS MY TAX IS $8785, WHY IS IT $10305? My taxable income is $77058

 
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2 Replies
MinhT1
Expert Alumni

THE TAX TABLE SAYS MY TAX IS $8785, WHY IS IT $10305? My taxable income is $77058

Please clarify. What is your filing status?

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dmertz
Level 15

THE TAX TABLE SAYS MY TAX IS $8785, WHY IS IT $10305? My taxable income is $77058

Perhaps you are subject to other taxes such as self-employment tax or the extra tax on early retirement distributions.  These other taxes would be included in your overall tax liability.

 

The income tax would be shown on Form 1040 line 16.  Your total tax liability would be on line 24 after the subtraction of any tax credits and the addition of other taxes.

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