https://ttlc.intuit.com/community/retirement/discussion/federal-refund-calculation/01/3185677#M211468 <P>I am in the middle of a tax bracket (example: 24%).</P><P>When I enter Interest income, let's say $100.&nbsp; I would expect the "Federal Refund" counter box in the software to drop by $24.&nbsp; 24% of income addition via interest ($100).</P><P>&nbsp;</P><P>That number is dropping by a much higher percentage than my tax bracket.&nbsp; Why?</P><P>Is there additional tax applied to interest income beyond the tax bracket for higher tax brackets?</P><P>&nbsp;</P><P>thanks</P><P>&nbsp;</P> Wed, 11 Feb 2026 03:42:33 GMT joe-joe-joe 2026-02-11T03:42:33Z https://ttlc.intuit.com/community/retirement/discussion/federal-refund-calculation/01/3185677#M211468 <P>I am in the middle of a tax bracket (example: 24%).</P><P>When I enter Interest income, let's say $100.&nbsp; I would expect the "Federal Refund" counter box in the software to drop by $24.&nbsp; 24% of income addition via interest ($100).</P><P>&nbsp;</P><P>That number is dropping by a much higher percentage than my tax bracket.&nbsp; Why?</P><P>Is there additional tax applied to interest income beyond the tax bracket for higher tax brackets?</P><P>&nbsp;</P><P>thanks</P><P>&nbsp;</P> Wed, 11 Feb 2026 03:42:33 GMT https://ttlc.intuit.com/community/retirement/discussion/federal-refund-calculation/01/3185677#M211468 joe-joe-joe 2026-02-11T03:42:33Z https://ttlc.intuit.com/community/retirement/discussion/re-federal-refund-calculation/01/3185703#M211471 <P>You may be liable for the 3.8% <A href="https://www.irs.gov/taxtopics/tc559" target="_blank">NIIT tax</A>.</P> Mon, 12 Feb 2024 21:43:37 GMT https://ttlc.intuit.com/community/retirement/discussion/re-federal-refund-calculation/01/3185703#M211471 MinhT1 2024-02-12T21:43:37Z