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Personal Finance and Investing

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question everything

(49,455 posts)
Fri Feb 18, 2022, 05:44 PM Feb 2022

Blended tax rate? [View all]

I decided to give TurboTax another chance after they screwed up royally last year, beyond redemption. But I could not delete whatever was on there already.

So far so good, working from my spreadsheet and everything is fine except... the amount that we owe in taxes makes no sense.

Why? They take our taxable income - after deduction - and multiply it by 3%! Blended tax rate.

What? I google it and it applies to corporations!

Their specialist could not help, agreed that deleting and starting over may be the way.

Urggg



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Blended tax rate? [View all] question everything Feb 2022 OP
I wonder if it is possible Unwind Your Mind Feb 2022 #1
Thanks, I wondered, too. But it is easier to start over question everything Feb 2022 #2
Have some blended scotch whiskey and start over. n/t PoliticAverse Feb 2022 #3
Latest Discussions»Culture Forums»Personal Finance and Investing»Blended tax rate?»Reply #0