tax rate schedule, 2019, 22% bracket - error?

Forum|Forum|5 years ago
October 4, 2020
13 replies
28 views

TurboTax shows 22% bracket for MFJ starting at $78,750. IRS documents show it starting at $78,950 - $200 difference. What's up?

Best answer by Anonymous_

@akdancer wrote:

.....BUT - my question is about the threshold value for the 22% bracket. Your example shows it starts at $78,751. Per what I see in IRS docs, it starts at $78,951.

I am not certain whether or not we are looking at the same thing or talking around each other.

My screenshot shows taxable income of $78,751 and a tax bracket of 12%, not 22%.

Anonymous_

Level 15

Where, exactly, are you seeing this error? The screenshot below is from a test return and appears correct.

akdancerAuthor

Level 2

Thank for the reply. As shown, it's ok. BUT - my question is about the threshold value for the 22% bracket. Your example shows it starts at $78,751. Per what I see in IRS docs, it starts at $78,951.