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Why is the Blended Tax Rate showing as 10.1% when the taxable income is well below the $11,000 threshold to be taxed at 10%?
Total income: $16,908
Deductions: -$13,850
Taxable Income: $3,058
Blended Tax Rate: x 10.1% (appears to be inaccurate - expected this value to be 10.0%)
Deductions: -$13,850
Taxable Income: $3,058
Blended Tax Rate: x 10.1% (appears to be inaccurate - expected this value to be 10.0%)
Topics:
March 1, 2024
8:48 PM