- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How is this possible?
I'm a pastor, married filing jointly, on a single income, with 4 young kids. This is what TT's summary says:
"After applying your deductions, your taxable income was $41,136. Based on this, your total tax before credits was $19,020, which includes self-employment tax of $14,663."
How is my total tax before credits $19,020?!?
How am I in a tax bracket where I'm being taxed 46% of my taxable income?
March 5, 2025
9:38 PM