Get your taxes done using TurboTax

There a couple of things that you have to understand. First and foremost, NOT ONLY the effective tax rate calculation as described

HERE  goes into the tax calculated on Line 16, Sometimes there is a long term capital gain rate from the sale of stock/ capital gains distribution etc with an attached Sch Capital gain calculation tax worksheet summary that gets included in that tax

In other words, even if your effective tax rate was 19,416 based on your taxable income on an ordinary tax rate. You may still have capital gain tax rate which is only taxed at 15% while if it was a short term capital gain , then you would have the excess of 83,550 taxed at 22%. In addition, there are other taxes that get added to the tax calculation like self employment tax, lump sum distribution from an IRA (Form 4972), Parent's election to report child's income etc. that gets added to line 16 to eventually get to the calculation derived on Line 22.