SM3C
Level 1

Get your taxes done using TurboTax

Thank you. So my Schedule C/1040 should show amounts for:

Line 16, 18, 22 (Tax)

Line 23 (Other taxes, including self-employment tax, from Schedule 2, line 21)

Right?

 

I still have to complete my 2022 return but I am concerned that my 2021 return (which I am using as my template) is incorrect. It shows:

Line 24 (total tax): 37% of my taxable income.

In 2021, my tax bracket should have been 22%. 

How could that be? Thanks for the help!