1040 box 11A Off on Tax Bracket

I am married, filing jointly. My taxable income, as shown in box 10 is $55,109. Per the IRS tax table, it appears that my Tax in box 11A should be $6,234. TurboTax instead shows $6,228, which is the value for the previous bracket. I am using this IRS to view the tax table:

https://www.irs.gov/pub/irs-pdf/i1040tt.pdf

How is TurboTax determining to place me within the $55,050 to 55,100 tax bracket?

5068

1 Best answer

New Member

Jun 4, 2019 5:50:20 PM

There is a FAQ on this:

https://ttlc.intuit.com/questions/1899683-form-1040-line-11-amount-is-less-than-standard-irs-tax-table

The "Qualified Dividends and Capital Gain Tax Worksheet—Line 11a" sheet can be found here:

https://www.irs.gov/pub/irs-prior/i1040gi--2018.pdf#page=40

I think that TurboTax could be more clear on this by showing the forms that they ultimately used for a tax return in the PDF that they generate for review of that return. Individuals are responsible for reviewing their returns, but without seeing these forms one is left to hunt and to figure it out themself.

New Member

Jun 4, 2019 5:50:20 PM

There is a FAQ on this:

https://ttlc.intuit.com/questions/1899683-form-1040-line-11-amount-is-less-than-standard-irs-tax-table

The "Qualified Dividends and Capital Gain Tax Worksheet—Line 11a" sheet can be found here:

https://www.irs.gov/pub/irs-prior/i1040gi--2018.pdf#page=40

Level 9

Jun 4, 2019 5:50:22 PM

Most likely, you have qualified dividends or long-term capital gains, which are taxed at a lower rate than earned income.

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1040 box 11A Off on Tax Bracket