$3000 of interest was received, but the TurboT Fed ETR was 36.3% where Tax should be 33%. TT State was was 6.2% vs flat 4.63% for CO state. Is there a bug in Turbo Tax?

[CarolC]

It's possible you are being subject to the Net Investment Income Tax of 3.8%.

The income and gains from investments you hold will be taxed an additional amount if your Modified Adjusted Gross Income meets or exceeds the amount for the filing status below.

• Married filing jointly - $250,000
• Married filing separately - $125,000
• Single - $200,000
• Head of household (with qualifying person) - $200,000
• Qualifying widow(er) with dependent child - $250,000

Form 8960 (Net Investment Income Tax – Individuals, Estates, and Trusts)  is used for the 3.8% surtax on investment income for the Affordable Care Act.