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16.1% tax rate. I am in the 12% tax rate bracket. 2 companies W-2, and some investment in stocks.
Hi, I am super disappointed to see a blended tax rate of 16.1% when I am in the 12% tax rate bracket. Don't try to tell me its an effective tax rate to configure a number based on an exploitation of my own income. My income is obviously point blank and no I don't want to file my taxes with these guys unless I am granted my 12%. This is literally the difference between me paying thousands of dollars and getting some money back. I worked at one company and made less than two thousand dollars. I worked at the company I am currently with all year and made $30,000 after the standard deduction. I have not been able to retrieve the form from Charles Schwab to input my investment profits but I am getting my refund prepped. In the meantime my taxes should not be anywhere above being taxed at the rate of 12%.
Please for the love of God explain why this is and is there something I am doing wrong? I used to work independently as a contract worker but that was years before. Is there something I am doing wrong