Absolutely correct!
My TurboTax calculated Effective Tax Rate was 17.26% using the erroneous/misleading calculation.
It really should have been 18.96% using my total tax divided by my taxable income. A difference of 1.7%
How hard is it for them to correct this error. They're constantly updating the Federal and State software. Correcting the Effective Tax Rate problem would be soooo simple.
