https://ttlc.intuit.com/community/taxes/discussion/effective-tax-rate/01/2564520#M953035 <P>When I finished my taxes there is a summary page in which is said my Effective Tax Rate is</P><P>-39.9%, How is that possible?</P> Mon, 09 Mar 2026 08:38:21 GMT sdobslawZ 2026-03-09T08:38:21Z https://ttlc.intuit.com/community/taxes/discussion/effective-tax-rate/01/2564520#M953035 <P>When I finished my taxes there is a summary page in which is said my Effective Tax Rate is</P><P>-39.9%, How is that possible?</P> Mon, 09 Mar 2026 08:38:21 GMT https://ttlc.intuit.com/community/taxes/discussion/effective-tax-rate/01/2564520#M953035 sdobslawZ 2026-03-09T08:38:21Z https://ttlc.intuit.com/community/taxes/discussion/re-effective-tax-rate/01/2564561#M953036 <P><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="font-size:14px">The effective tax rate is the tax divided by the income. Because of the refundable credits, the resulting net tax could be negative&nbsp;<STRONG>if the amount of these credits is greater than the tax liability</STRONG>. As a result, a negative effective tax rate is possible.</SPAN></SPAN></P> Wed, 09 Mar 2022 18:33:50 GMT https://ttlc.intuit.com/community/taxes/discussion/re-effective-tax-rate/01/2564561#M953036 DianeW777 2022-03-09T18:33:50Z