The year designations that are printing across the top of the "Five Year Tax History" report are off by one year. The column on the far right shows as 2020 when it is actually 2021. Likewise, the column next to it shows as 2019 when in fact it is 2020. And so for the remaining three years. Strangely, when you look at the "Tax History Report" on your computer screen while you are in TurboTax, the years show correctly. They just don't print correctly.
My second issue is in regard to your calculation of "Effective Tax Rate %" on this same Tax History Report. It is the penultimate line of this report. Everything I have read about effective tax rate (ETR) says the calculation is "Tax / Taxable Income". Even now, when I research ETR on the internet, I see various financial websites saying that "Tax / Taxable Income" is the correct way to calculate it. And yet the formula TurboTax is using to calculate ETR is "Tax / Adjusted Gross Income". What is the basis for calculating ETR in this manner? It understates a taxpayers actual ETR.
Thanks in advance.
Tom
