Get your taxes done using TurboTax

Thanks so much for your reply!

I got 1099-Misc.

And I did not withdraw anything early. Turbotax confirms that I have no penalty. 

The Blended Tax Rate is really a puzzle to me. 

According to my understanding, we have Tax Bracket for different amount of income. However, the highest tax bracket is way far below that 225%. 

 

Do you think Turbotax made a mistake in the calculation?