Anonymous
Not applicable

Get your taxes done using TurboTax

I agree that it *should* be the tax divided by the total income, but it's not.  That is the point the original poster is making.  The calculation shown on the summary page just seems to make no sense. 

 

So how, exactly, does TurboTax calculate the effective tax rate shown on the summary page? Because it appears to be wrong.  Which does not instill confidence in customers.

 

We are not looking for an explanation of what effective tax rate means.  We get it.