TurboTax Deluxe 2022 is using 2023 Tax Tables

[jpani95]

It appears TurboTax Deluxe 2022 is using the 2023 Tax Tables rather than 2022.

[VolvoGirl]

Why do you think it is?  Nobody else has reported that.  

[jpani95]

From https://turbotax.intuit.com/tax-tips/irs-tax-return/current-federal-tax-rate-schedules/L7Bjs1EAD

Married Filing Jointly or Qualifying Widow (Widower)

If taxable income is over:	but not over:	the tax is:
$0	$20,550	10% of the amount over $0
$20,550	$83,550	$2,055 plus 12% of the amount over $20,550
$83,550	$178,150	$9,615 plus 22% of the amount over $83,550
$178,150	$340,100	$30,427 plus 24% of the amount over $178,150
$340,100	$431,900	$69,295 plus 32% of the amount over $340,100
$431,900	$647,850	$98,671 plus 35% of the amount over $431,900
$647,850	no limit	$174,235.50 plus 37 % of the amount over $647,850

 

From TurboTax Help:

Married Filing Jointly

2022 taxable income	Tax formula	Sample calculations
$0–$22,000	Taxable income × .10	$5,000 income = $500 tax
$22,000–$89,450	[.12 × (taxable income – $22,000)] + $2,200	$50,000 = $5,560
$89,451–$190,750	[.22 × (taxable income – $89,450)] + $10,294	$100,000 = $12,615
$190,751–$364,200	[.24 × (taxable income – $190,750)] + $32,580	$200,000 = $34,800
$364,201–$462,500	[.32 × (taxable income – $364,200)] + $74,208	$400,000 = $85,664
$462,501–$693,750	[.35 × (taxable income – $462,500)] + $105,664	$600,000 = $153,789
Over $693,750	[.37 × (taxable income – $693,750)] + $186,601.50	$800,000 = $225,914

[diverjer]

The 1040 2022 tables I pulled down from the IRS seem correct, compared to 2021, I was $13.00 less this year.

Google 2022 Instruction 1040 - IRS and look at tax table in the PDF.