Yes. It is possible.
Simply put, a blended tax rate is a combination of different tax rates based on the type of income on the return. Your tax return is a complicated computation because, for example, if you have Wages, Self Employment Income and capital gains, just to name a few, each one of them is taxed at different rates. Self Employment Income is taxed at the regular rate plus self-employment tax (social security), plus medicare.
In your case, you file Head of Household, you may also claim the Child Tax Credit, if qualifying child under 17 and maybe Earned Income Credit. All of this is a different rate that is blended into the different types of income.
I would venture to say that most of the taxes are due to Self Employment Taxes of approximately $5,200.00.
Make sure you received the Child Tax Credit and Earned Income Credit if qualified. Those would reduce your taxes a lot!
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