I have a return for a single ind. with taxable inc. of $39,120. Calculated income tax reported is $1,421. Federal rate sche. indicates tax of $4,547. Thoughts?

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I have a return for a single ind. with taxable inc. of $39,120. Calculated income tax reported is $1,421. Federal rate sche. indicates tax of $4,547. Thoughts?

Upon further review, your comments above were "spot on". My bad for thinking that I had a good grasp of the taxation of capital gains and qualified dividends at all income levels. My apologies to the commenter above.

I have a return for a single ind. with taxable inc. of $39,120. Calculated income tax reported is $1,421. Federal rate sche. indicates tax of $4,547. Thoughts?

Probably Qualified Dividends and/or Capital Gains are being reported. The tax tables would not be used.
IRS QDCG Worksheet - https://www.irs.gov/pub/irs-prior/i1040gi--2018.pdf#page=40