Thanks for your reply. According to TurboTax Line 15, Taxable Income, is $68516. I had a long term capital gains loss, so no tax there. No short term capital gains. Line 16 Tax is $5782. According to the IRS Tax Rate Schedule, I'd be in the 12% bracket and my tax would be $7827. The difference is more than $2000. Why?
How much on Line 3a Qualified dividends? Those aren't taxed a the full rate either.
Make sure line 7 on the 1040 is really a loss too.......Edited
probably in parenthesis to show a loss... can be as much as -3,000 but no more.
Edit: Just checked....Looks like they use a "-" sign, not a parenthesis for a loss