need help with 2018 tax schedule

[taxmom34]

I've done my sister and her husband's tax return for 2017. now I'm trying to figure out what their tax return will involve for 2018. MFJ, they usually itemize but with the standard deduction of 24,000 schedule A is out for 2018. taxable income is 70,557 and I used schedule two ways and got tax of 5396 or tax of 4163. I haven't used tax schedule since basic course 35+ years ago. just need someone to verify if I did it right or not. any help would be appreciated., thank you

[Lion]

If 2018 taxable income is $70,557 and MFJ, then 12% - $381. $70,557 X 0.12 = $8,466.84 - $381 = $8,085.84. Used TTB What's New 1.1 as updated.

[Justataxguy]

This is a fairly accurate tax calculator - http://taxplancalculator.com/

[Rapid Robert]

taxable income is 70,557 and I used schedule two ways and got tax of 5396 or tax of 4163.

How did you use the schedule "two ways"? If you want help you should provide more details of your calculations so someone can see where you possibly went wrong. For starters, you didn't say whether $70,557 was the taxable income for 2017 or the forecast for 2018, odds are the numbers are not the same even if AGI was the same. It would also help to round your numbers to the nearest thousand for calculation purposes, at least in this forum.

Even under the new tax law, the lowest individual tax bracket is still 10%, so how could you come up with a tax on ordinary taxable income of only 7.6% or less?

[taxmom34]

I subtracted 9525 from the 70557 (0 tax), then 38701 x 12% minus 190.50 =3310.9 tax, last was the balance of 22331 x 22% minus 4060.50 = tax of 852.32. add 3310 and 852 =4163
the second way I didn't subtract the 9525 to get total of 5396 tax. the 70557 was the figure I came up with for 2018 as taxable income.

[taxea]

irs.gov search for 2018 PUB 15E

[New York Enrolled Agent]

I subtracted 9525 from the 70557 (0 tax), then 38701 x 12% minus 190.50 =3310.9 tax, last was the balance of 22331 x 22% minus 4060.50 = tax of 852.32. add 3310 and 852 =4163
the second way I didn't subtract the 9525 to get total of 5396 tax. the 70557 was the figure I came up with for 2018 as taxable income.

It appears you're using the wrong table for 2018 - the numbers you use are for a single filing status.

There is no 0% tax bracket under the 2018 tables - you're using taxable income.

Lion gave you the right answer - this is presented in a different way.

MFJ
10% of $19,050 = $1,905
12% of $51,507 (70,557 - 19,050)= $6,181
Total tax = $8,086

[taxmom34]

I am so glad I asked the question. my bad, using single status, thank you all for the help.