joshwats
Returning Member

Get your taxes done using TurboTax

I got a W-2 from the church I work at for 58k, a 1099-MISC for 20k for royalties from a homeschool curriculum, and a 1099-NEC for $900 for being a guest speaker.  So 79k total.  Housing allowance $23,400.

 

I just can't grasp how, if after deductions, my taxable income is reduced from 79k to 41k, I still have taxes of 19k before credits.  That's a tax rate of 46%!