TurboTax Tax doesn't match IRS table
I have a taxable income of $4133 and Turbotax is saying the tax is only $89. Why isn't it 10% of $4133? Is there a problem with the program? Thank you.
I have a taxable income of $4133 and Turbotax is saying the tax is only $89. Why isn't it 10% of $4133? Is there a problem with the program? Thank you.
You may have some refundable credits or wage withholding being applied. You can preview your 1040 to see what is happening to the amount after the tax is calculated by following these steps:
Scroll down to line 19 to look at the amounts that adjust the tax due.
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