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chad-whisman
New Member

How do I know the blended tax rate is accurate?

Where does the blended tax rate come from?
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‎October 16, 2021 7:28 AM
last updated ‎October 16, 2021 7:28 AM
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GeorgeDenseff
Level 8

How do I know the blended tax rate is accurate?

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). 

‎October 16, 2021 7:41 AM
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SundayInSalem
Level 8

How do I know the blended tax rate is accurate?

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?

 

‎October 16, 2021 10:33 PM
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