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The numbers used by TurboTax are correct and are those stipulated by the IRS.
See this IRS document.
you are looking at the tax rate schedule which is not how taxes on long-term capital gain and qualified dividends are computed.
Thank you. I was not aware there were different brackets for capital gains than ordinary income. I appreciate you providing me the link to the IRS Capital gain brackets.
Thank you. I was not aware that the capital gain brackets were different than the ordinary income brackets. Thank you for responding.
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