why is my taxable income only $2532 but the tax rate as high as 162.4%?

You may have other taxes besides income taxes on your return. If you look at schedule 2 of Form 1040, you will see a myriad of taxes in addition to income taxes that may be on your return:

 

 

To view your form 1040 and schedule 1 to 3:

 

1. Choose Tax Tools from your left menu bar in TurboTax Online while working in your program
2. Choose Tools
3. Choose View Tax Summary
4. See the Preview my 1040 option in the left menu bar and click on it
5. Choose the Back option in the left menu bar when you are done 

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