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1099-INT is calculated wrong charging 30% Tax rate
Hi,
For Married Individuals Filing Joint Returns - $89,450 to $190,750 - I am at $147000 Gross. (22% bracket)
When I add 1099-INT $1000, my tax return is reduced by 30%. instead of 22%, why it's reducing it to 30% ? How the turbo tax calculates my returns is confusing.
Thanks
‎February 27, 2024
4:48 PM