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Self employed
The blended tax rate simply appears to be a percentage of the taxes you pay on that $97,448 figure (note that would include your self-employment taxes since you mentioned you are self-employed).
If you can possibly locate the particular form TurboTax generates, it is more instructive to look at your effective tax rate (look for your 2022 Federal Tax Return Summary).
March 25, 2023
10:10 AM
1,329 Views