Solved
Tax calculations slightly off
Client is single. Taxable income is $21,150. ProSeries calculates tax as $2,351. I calculate by hand $2,347. Why is it off by $3.50?
$21,150 Taxable Income
- $9,525 x 10% = $952.50
$11,625 x 12% = $1,395.00
Total Tax $2,347.50
