topic My taxable income of $27,700-married filing joint. paid in $353., IRS Tax Table says I owe $2946. Turbo tax I get refund of 353. why? in Get your taxes done using TurboTax

My taxable income of $27,700-married filing joint. paid in $353., IRS Tax Table says I owe $2946. Turbo tax I get refund of 353. why?

klmayer1 — Sat, 01 Jun 2019 15:52:44 GMT

Bsch4477 — Sat, 01 Jun 2019 15:52:46 GMT

Do you have credits for a child or earned income credit?

user99357 — Sat, 01 Jun 2019 15:52:48 GMT

user99357 — Sat, 01 Jun 2019 15:52:49 GMT

Are dividends taxes differently?

macuser_22 — Sat, 01 Jun 2019 15:52:51 GMT

Qualified dividends are taxed at capital gains rate. On the Capital gains and Qualified Dividends worksheet.

user99357 — Sat, 01 Jun 2019 15:52:52 GMT

No answer needed, dividends and capital gains are taxed differently at our tax level.
Thank you for your help.

macuser_22 — Sat, 01 Jun 2019 15:52:54 GMT

There are 7 ways to calculate tax - tax table is one.

Capital gains do not use the tax tables, you probably have dividends or other capital gains.