Tax Smart Worksheet

[gjgogol]

hello - I was comparing the Tax Smart Worksheets from 2023 to my 2024 worksheet and noticed that in my 2023 worksheet, TT checked box 1 Tax Table, however, in my 2024 worksheet, TT checked box 2 Tax computation worksheet. I cannot figure out why different boxes where checked from one year to the next.  Can anyone explain the difference to me and why it changed from 2023?

[KeshaH · Accepted solution]

If your taxable income is under $100,000 you'd have to use the tax table to calculate your tax liability. If your income is $100,000 or more, you'd use the tax computation worksheet. If your income increased from 2023 to 2024, you'd see a difference in how your tax liability is calculated.

See: Form 1040 Instructions

[gjgogol]

@KeshaHYes!  That was it!  Thank you!