@fsaDon
Make sure you are dividing by AGI (i.e. gross income before deductions) and not taxable income.
Yeah, they sometimes mess around with what exact numbers they use.
But like I've said before.. The "Effective" tax rate is just a handwaving general % number.
______
Not sure what they do with any SE taxes due.
Not sure what they do with some tax credits that others may not get, like the child tax credit.
Not sure what they might do for penalties of any kind, like 10% penalty for early Retirment account withdrawal.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
