The IRS explained that the tax calculation did not reflect the new regular tax rates and brackets for certain Schedule D filers who had 28% rate gain (which is taxed at a maximum rate of 28%) reported ...

Strangely, the IRS requires taxpayers earning less than $100,000 to use its official tax tables rather than simply calculating an amount using the tax computation worksheet. The tax table breaks ...

The IRS also publishes tax tables, which outline how much tax you owe based on your income up to $100,000. If you make more than $100,000, you need to use the tax computation worksheet .