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Get your taxes done using TurboTax
@kirstenbarroso It looks like you using TurboTax Self-Employed. If this is the case, the self-employment tax can do strange things to the marginal tax rate calculations. It's impossible to say for sure since I can't see what's in your tax return, but if you are paying self-employment tax, and have deductions that reduce your income and credits that minimize or eliminate your income tax, that could explain a blended tax rate of 150%.
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‎January 28, 2020
2:20 PM