Tax1007
Level 1

I have a client with a total income of $80,710. After taking the HOH standard deduction, the taxable income of the client is $59,910. The first $15,700 is taxed at a rate of 10%, resulting in a tax amount of $1,570. The remaining balance of $44,210 is taxed at a rate of 12%. 12% of $44,210 is $5,305. Adding the two tax amounts together, $1,570 + $5,305, gives a total tax liability of $6,875 according to the hand calculation. However, the system shows a slightly different total of $6,885. Any one experiencing this issue with the 2023?

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