Tax Rate Not Adding Up

[Jules1310]

Hi! For a number of reasons my husband and I are married, filing separately this year. After entering everything, Turbotax says his taxable income (so after the standard deduction) is $27,549. That's based on military retirement pay (1099R), job (W2), and a few dividends (1099DIV). That sounded great. But then the next line claims the Tax on that income is $6440. How does that even add up given the 2022 tax brackets? I get a manual figure closer to $3,100. I can't for the life of me figure out what could be causing this. Please help!

[JohnB5677]

One thing I picked up on is that you said he had a standard deduction of $27,549.  If you're filling separately, he does not get that deduction. You would each get $12,950 plus $1,400 if your over 65 years of age.  This would account for the discrepancy in the tax amount.

You can see his 1040 tax return.

Standard or Itemized deduction is on line 12.

1. On the menu bar on the left that shows.
   1. My Info
   2. Federal
   3. State
   4. Review
   5. File
2. Select Tax Tools
3. On the drop-down select Tools
4. On the popup menu
5. Select View Tax Summary
6. On the left sidebar

Select Preview my 1040.

Line 15 - Taxable Income

Line 24 - Total Tax.

Line 25 - Withholdings.

Line 33 - Payments including Credits.

Line 34 - Overpayments.

Line 37 - Tax owed.

For single taxpayers and married individuals filing separately, the standard deduction is $12,950 in 2022.

For married couples filing jointly is $25,900, and 

If you're at least 65 years old or blind, you can claim an additional 2022 standard deduction of $1,400.

If this does not completely answer your question, please contact us again and provide some additional details.

[Jules1310]

Sorry, I could've worded that better. We did the standard deduction of $12,900 to arrive at the taxable income of $27,549. That was the same figure Turbotax came up with. But then, for some reason, it listed the taxes as over $6,000. I'm not sure what that tax amount is based on/where it's coming from. There are no capital gains (which I know are taxed higher) and no early pension/401k withdrawals.

[ThomasM125]

The income tax seems excessive given your taxable income. There may be other taxes you are subject to. You can look on Schedule 2 of form 1040 Additional Taxes to see if there are other taxes besides income taxes on the tax return.

You can view your form 1040 and schedules 1 to 3 while working in the online version of TurboTax by following these steps:

1. Click on Tax Tools in the left menu bar
2. Click on Tools
3. Look under Other Helpful links….
4. Choose View Tax Summary
5. Look in the left menu bar and choose Preview my 1040
6. Scroll down the page to see form 1040 and schedules 1 to 3