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    <title>topic Calculated my tax based on taxable income of 193,852 , 193952*32% minus 18863.5 = 43349.20 plus Qualified div 59028*15% = 8854, but my 1040 shows 55397, 3K higher, why in Get your taxes done using TurboTax</title>
    <link>https://ttlc.intuit.com/community/taxes/discussion/calculated-my-tax-based-on-taxable-income-of-193-852-193952-32-minus-18863-5-43349-20-plus-qualified/01/1394128#M506100</link>
    <description />
    <pubDate>Wed, 01 Apr 2020 23:12:22 GMT</pubDate>
    <dc:creator>niyola</dc:creator>
    <dc:date>2020-04-01T23:12:22Z</dc:date>
    <item>
      <title>Calculated my tax based on taxable income of 193,852 , 193952*32% minus 18863.5 = 43349.20 plus Qualified div 59028*15% = 8854, but my 1040 shows 55397, 3K higher, why</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/calculated-my-tax-based-on-taxable-income-of-193-852-193952-32-minus-18863-5-43349-20-plus-qualified/01/1394128#M506100</link>
      <description />
      <pubDate>Wed, 01 Apr 2020 23:12:22 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/calculated-my-tax-based-on-taxable-income-of-193-852-193952-32-minus-18863-5-43349-20-plus-qualified/01/1394128#M506100</guid>
      <dc:creator>niyola</dc:creator>
      <dc:date>2020-04-01T23:12:22Z</dc:date>
    </item>
    <item>
      <title>Re: Calculated my tax based on taxable income of 193,852 , 193952*32% minus 18863.5 = 43349.20 pl...</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/re-calculated-my-tax-based-on-taxable-income-of-193-852-193952-32-minus-18863-5-43349-20-pl/01/1394444#M506215</link>
      <description>&lt;P&gt;I'm sorry, I'm not following the numbers.&amp;nbsp;&lt;/P&gt;

&lt;UL&gt;
 &lt;LI&gt;Why did you use 32%.&amp;nbsp; Is that the marginal tax rate?&lt;/LI&gt;
 &lt;LI&gt;Where did the 18,863.50 come from?&lt;/LI&gt;
 &lt;LI&gt;Were the qualified dividends included in the taxable income?&lt;/LI&gt;
&lt;/UL&gt;

&lt;P&gt;Also check Schedule 2.&amp;nbsp; Did you have&amp;nbsp;&lt;/P&gt;

&lt;UL&gt;
 &lt;LI&gt;Alternative Minimum Tax&lt;/LI&gt;
 &lt;LI&gt;Self Employment tax&lt;/LI&gt;
 &lt;LI&gt;Additional tax on IRAs&lt;/LI&gt;
 &lt;LI&gt;Form 8959 Additional Medicare tax&lt;/LI&gt;
 &lt;LI&gt;Form 8960 Surtax on excess investment income&lt;/LI&gt;
&lt;/UL&gt;</description>
      <pubDate>Thu, 02 Apr 2020 00:17:35 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/re-calculated-my-tax-based-on-taxable-income-of-193-852-193952-32-minus-18863-5-43349-20-pl/01/1394444#M506215</guid>
      <dc:creator>JohnB5677</dc:creator>
      <dc:date>2020-04-02T00:17:35Z</dc:date>
    </item>
    <item>
      <title>Re: Calculated my tax based on taxable income of 193,852 , 193952*32% minus 18863.5 = 43349.20 pl...</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/re-calculated-my-tax-based-on-taxable-income-of-193-852-193952-32-minus-18863-5-43349-20-pl/01/1404895#M510415</link>
      <description>&lt;P&gt;thanks&amp;nbsp; for your reply.&amp;nbsp; I found the problem; I needed to use schedule D worksheet to calculate taxable income.&lt;/P&gt;</description>
      <pubDate>Sat, 04 Apr 2020 13:27:26 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/re-calculated-my-tax-based-on-taxable-income-of-193-852-193952-32-minus-18863-5-43349-20-pl/01/1404895#M510415</guid>
      <dc:creator>niyola</dc:creator>
      <dc:date>2020-04-04T13:27:26Z</dc:date>
    </item>
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