total tax due

2 replies
31 views

Why is the total tax due more than the percentage indicated for the tax bracket?

TurboTax Home & Biz Windows

CatinaT1

Alumni - Intuit

Are you self-employed? You pay income tax according to your tax bracket, but you also pay 15.3% self-emplyment tax.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

atmallaAuthor

Level 2

Thank you.

I am filing as an independent marketing consultant and received 1099-NEC and some unemployment income. Semi-retired. After deductions, the taxable income was $8k change but total tax due is $2.9K. So, was wondering!

total tax due

2 replies

Unlock tailored help options in your account

Get answers to all your tax questions

Unlock tailored help options in your account

Get answers to all your tax questions

Sign up

Login with SSO

Let's get you signed in

Login with SSO