Anonymous
Not applicable

Investors & landlords

Thank you, that's what I hoped to hear. I have to say though, the summary view makes this very confusing. Especially because the standard 12k deduction is shown subtracted from the Income + LT gains, with the result being the total taxable income, and the two very different rates collectively termed the "blended tax rate". That in itself would be decodable for me, were it not that I also withdrew early from a 401k, and incurred a penalty fee, and now it seems that fee is also being included in the calculated tax rate, which without the fee would be way too high and make no sense. As an engineer and UI designer myself, I gotta say that part needs work though I appreciate the attempt at simplicity.