- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
The effective tax rate calculation seems to be broken in TurboTax2018.
Here is an example: AGI - 75000, Taxable Income - 41000, Total Tax - 15000, ETR - 3.3%. What am I missing? If ETR is 3.3% and total tax is 15K, then the taxable amount should be around 454K. Not anywhere close to the taxable income.
Topics:
‎June 1, 2019
1:18 PM