Turbo tax shows " Your taxable income was $171,891. Based on this amount, your total tax before any credits was $27,708." Is this correct?

[prem-pushkar]

For above income I get tax amount as 27922, but turbo tax is showing 27708..what I am missing?

[KrisD15]

What is your filing status?

Are you taking the Standard Deduction or Itemizing?

[VolvoGirl]

Even though it shows up as income on the first page,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.    See this FAQ

https://ttlc.intuit.com/community/forms/help/form-1040-line-11-amount-is-less-than-standard-irs-tax-...

In the online version you need to save your return as a pdf file and include all 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

[prem-pushkar]

Married filing jointly.

Standard deduction.