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New Member
posted Apr 15, 2024 5:44:58 PM

Can someone help me understand why my blended tax rate is 22% when my taxable income was $6,559? It doesn't make sense to me.

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1 Replies
Expert Alumni
Apr 15, 2024 5:59:03 PM

It depends.  If your income is self-employment income, there is self-employment tax to consider.