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There are like 7 different ways to calculate the tax.
It depends what kind of income you have. Even though the full amount shows up in the total income on the 1040 line 7, if you have capital gains or qualified dividends the tax is not taken from the tax table but is calculated separately from Schedule D. The tax will be calculated on the Qualified Dividends and Capital Gain Tax Worksheet. It does not get filed with your return. In the online version you need to save your return as a pdf file and include all the worksheets to see it.
For the Desktop version you can switch to Forms Mode and open the worksheet to see it. Click Forms in the upper right (upper left for Mac) and look through the list and open the Qualified Dividends and Capital Gain Tax Worksheet. And you will need to use this IRS worksheet on page 15.
https://www.irs.gov/pub/irs-pdf/i1040tt.pdf
Nobody has mentioned it before. It can be convoluted to figure the tax. When I checked my Joint return it figured the tax right using the Qualified Dividends and Capital Gain Tax Worksheet and the section B table.
Print out your Qualified Dividends and Capital Gain Tax Worksheet and check each line. I did mine and printed out the IRS 2023 Tax Computation Worksheet - line 16 and did my section B row by hand. It all matched and was right.
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