rcj007
Level 2
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No, not"Effective Tax Rate" should be Total Tax/Adjusted Gross Income or 18.69%"Effective Tax Rate" should be Total Tax/Taxable Income -- which results in a 23%...
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It doesn't seem like he cleared up anything!
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TuboTax Is Wrong re Earned Income Tax Credit (EITC)TuboTax 2019 Home & Business downloadable PC software’s pop up “On Demand Tax Guidance” incorrectly states:If...
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TurboTax (wrongly) determines Federal effective tax rate by dividing (total tax minus OTHER TAXES [SE tax, etc.]) by AGI. My calculations confirm that its math ...
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TurboTax (wrongly) determines Federal effective tax rate by dividing (total tax minus OTHER TAXES [SE tax, etc.]) by AGI. My calculations confirm that its math ...
Activity Feed for rcj007
- Posted Re: Can't agree more. That calculation makes absolutely no s... on Get your taxes done using TurboTax. March 20, 2023 5:33 PM
- Posted Re: I just spoke with a TurboTax rep and he cleared it up for... on Get your taxes done using TurboTax. March 20, 2023 5:22 PM
- Got Cheered for TurboTax (wrongly) determines Federal effective tax rate.... August 13, 2021 10:42 AM
- Cheered Re: TurboTax (wrongly) determines Federal effective tax rate... for PWNeely. March 1, 2021 4:37 PM
- Cheered Re: TurboTax (wrongly) determines Federal effective tax rate... for DoninGA. March 1, 2021 4:37 PM
- Cheered Re: TurboTax (wrongly) determines Federal effective tax rate... for kongf2012. March 1, 2021 4:34 PM
- Got Cheered for Re: Earned Income Credit TuboTax Is Wrong. July 20, 2020 2:22 PM
- Posted Re: Earned Income Credit TuboTax Is Wrong on Deductions & credits. July 19, 2020 5:35 PM
- Cheered This "Effective Tax Rate" has been wrong for many many ye... for kwokchu. April 15, 2020 8:13 PM
- Got Cheered for TurboTax (wrongly) determines Federal effective tax rate.... December 3, 2019 1:47 PM
- Posted TurboTax (wrongly) determines Federal effective tax rate... on Get your taxes done using TurboTax. June 4, 2019 8:06 PM
- Posted TurboTax (wrongly) determines Federal effective tax rate... on Get your taxes done using TurboTax. June 3, 2019 4:48 PM