You'll need to sign in or create an account to connect with an expert.
The blended tax rate is your tax liability divided by your taxable income, so it is possible for there to be large variations year to year. Your tax liability includes any self-employment, capital gains, and/or special taxes. The blended tax rate is not used anywhere on your tax return.
I'm not self employed, have capital gains or special taxes though. So this makes no sense.
I suggest you compare your tax return Form 1040 in 2024 line by line with your return from 2023 to see what changed.
To view your form 1040 and schedule 1 to 3:
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Riverflos
New Member
jordanfears2
New Member
r2playbridge
New Member
jencks36
New Member
hallmartha1
New Member