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New Member
posted Oct 16, 2021 7:28:32 AM

How do I know the blended tax rate is accurate?

Where does the blended tax rate come from?

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2 Replies
Level 8
Oct 16, 2021 7:41:58 AM

You can compute it yourself with a calculator.

 

Your blended tax rate is the amount of tax you paid (or will pay) for the year, divided by your adjusted gross income (AGI). 

Level 8
Oct 16, 2021 10:33:11 PM

TurboTax backs its tax calculations with a 100% Accurate Calculation Guarantee. In plain English, if you pay an IRS or state penalty or interest because of a TurboTax calculation error, TurboTax pay you the penalty and interest.

 

See: What is the TurboTax 100% Accurate Calculation Guarantee?