There is definitely a bug in the system....according to Turbo Tax I actually owe more taxes than I even made in taxable income this year..... 101.2% blended tax rate!!
| Total Income | | $16,722 |
| Deductions | | - $14,132 |
| Taxable Income | | = $2,590 |
| Blended Tax Rate | | x 101.2% |
| Tax LiabilityThis is how much you were supposed to pay in taxes. | | = $2,622 |
