"No matter how it is calculated, it's still a pretty useless number other than for comparing your tax situation to someone else's."Again, to say it's a "useless...
"Even that it does not match the effective rate number for me. Any one knows exactly how it is calculated in Turbotax?"Did you read PaulD CPA's post above? It d...
I think using the descriptor "handwaving number" to describe effective tax rate is misguided. It should be well-defined and yet TT has its own unique calculatio...
