Question: Can you please explain the meaning of the highlighted area of the estimate with the amount of -.02
Answer:
The -0.02 mentioned below means this is the tax reduction due to "Income Averaging for Special Professionals".
It means your tax on taxable income should have been 28,591.12 base on the 2022 resident tax rates, but due to incoming averaging, your actual tax payable is reduce by $.02.
link related to income averaging HERE