topic Turbo says my regular tax is $968 based on $11,111 of taxable income. Tax tables show $1113 for Married filing Jointly - (10%). I agree with tax income $ but not tax $ ?? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/turbo-says-my-regular-tax-is-968-based-on-11-111-of-taxable-income-tax-tables-show-1113-for-married/01/616880#M57983 recap: I'm in agreement on taxable income but question how turbo can calculate a tax that is not 10% as is the tax tables. table vs. turbo can differ due to % but not $145 variance. Thu, 06 Jun 2019 06:32:48 GMT bert54 2019-06-06T06:32:48Z Turbo says my regular tax is $968 based on $11,111 of taxable income. Tax tables show $1113 for Married filing Jointly - (10%). I agree with tax income $ but not tax $ ?? https://ttlc.intuit.com/community/retirement/discussion/turbo-says-my-regular-tax-is-968-based-on-11-111-of-taxable-income-tax-tables-show-1113-for-married/01/616880#M57983 recap: I'm in agreement on taxable income but question how turbo can calculate a tax that is not 10% as is the tax tables. table vs. turbo can differ due to % but not $145 variance. Thu, 06 Jun 2019 06:32:48 GMT https://ttlc.intuit.com/community/retirement/discussion/turbo-says-my-regular-tax-is-968-based-on-11-111-of-taxable-income-tax-tables-show-1113-for-married/01/616880#M57983 bert54 2019-06-06T06:32:48Z The tax tables are not used for many tax calculations.  F... https://ttlc.intuit.com/community/retirement/discussion/the-tax-tables-are-not-used-for-many-tax-calculations-f/01/616887#M57985 <P>The tax tables are not used for many tax calculations.&nbsp; For example, if you had any capital gains or qualified dividends, that income is taxed at&nbsp; a lower rate.&nbsp; The tables are only used if all your income is taxed at ordinary income rates.</P> Thu, 06 Jun 2019 06:32:49 GMT https://ttlc.intuit.com/community/retirement/discussion/the-tax-tables-are-not-used-for-many-tax-calculations-f/01/616887#M57985 Anita01 2019-06-06T06:32:49Z thank you; your correct. I should have done better review... https://ttlc.intuit.com/community/retirement/discussion/thank-you-your-correct-i-should-have-done-better-review/01/616896#M57986 thank you; your correct. I should have done better review of my 2017 notes. bert54 Thu, 06 Jun 2019 06:32:51 GMT https://ttlc.intuit.com/community/retirement/discussion/thank-you-your-correct-i-should-have-done-better-review/01/616896#M57986 bert54 2019-06-06T06:32:51Z
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topic Turbo says my regular tax is $968 based on $11,111 of taxable income. Tax tables show $1113 for Married filing Jointly - (10%). I agree with tax income $ but not tax $ ?? in Retirement tax questions
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recap: I'm in agreement on taxable income but question how turbo can calculate a tax that is not 10% as is the tax tables. table vs. turbo can differ due to % but not $145 variance.
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Turbo says my regular tax is $968 based on $11,111 of taxable income. Tax tables show $1113 for Married filing Jointly - (10%). I agree with tax income $ but not tax $ ??
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https://ttlc.intuit.com/community/retirement/discussion/turbo-says-my-regular-tax-is-968-based-on-11-111-of-taxable-income-tax-tables-show-1113-for-married/01/616880#M57983
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recap: I'm in agreement on taxable income but question how turbo can calculate a tax that is not 10% as is the tax tables. table vs. turbo can differ due to % but not $145 variance.
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The tax tables are not used for many tax calculations.  F...
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<P>The tax tables are not used for many tax calculations.&nbsp; For example, if you had any capital gains or qualified dividends, that income is taxed at&nbsp; a lower rate.&nbsp; The tables are only used if all your income is taxed at ordinary income rates.</P>
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thank you; your correct. I should have done better review...
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https://ttlc.intuit.com/community/retirement/discussion/thank-you-your-correct-i-should-have-done-better-review/01/616896#M57986
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thank you; your correct. I should have done better review of my 2017 notes. bert54
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