topic simple tax rate question in After you file

simple tax rate question

KentuckyEd — Mon, 23 Feb 2026 09:36:38 GMT

So I'm retired and have a very simple tax calculation and end up with a taxable income of $5,550.00. Filing status is married filing jointly. Turbotax calculates my tax due as $558.00 NOT $555.00?? Why the extra $3.00? Should be just a straight 10%, right? Am I missing something? Already filed and they were accepted but I just saw this.

Re: simple tax rate question

MinhT1 — Tue, 31 Jan 2023 18:23:51 GMT

The tax is taken from IRS tax tables which gives tax for each tranche of income of $50.

The tax tables give a tax of $558 for incomes of $5,550 and less than $5,600 (see page 4 of this IRS document).

Re: simple tax rate question

KentuckyEd — Tue, 31 Jan 2023 18:32:23 GMT

Thank you very much.