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backhoe850
New Member

TurboTax - Line 10 = 81213, Line 11 = 9446, but per tax tables for married filing jointly, this s/b 9746 or 300 more. What am I missing?

Can you show me your calculation?

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Accepted Solutions
Ashby
New Member

TurboTax - Line 10 = 81213, Line 11 = 9446, but per tax tables for married filing jointly, this s/b 9746 or 300 more. What am I missing?

The tax table does not take into account any capital gain or qualified dividend income. These amounts get taxed at only 15%. Usually, this accounts for the difference.

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1 Reply
Ashby
New Member

TurboTax - Line 10 = 81213, Line 11 = 9446, but per tax tables for married filing jointly, this s/b 9746 or 300 more. What am I missing?

The tax table does not take into account any capital gain or qualified dividend income. These amounts get taxed at only 15%. Usually, this accounts for the difference.

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