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mhotalin
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  • Solved Re: Effective tax rate

    I did calculate it and the turbotax calculation is incorrect. Exact numbers shown below:Total Tax/Adjusted Gross Income$7,375/$108,025 = 0.06826 or 6.83%Turbota...
    mhotalin
    2
    Updated Mar 15, 2025

  • Solved Re: Effective tax rate

    I just finished my 2023 taxes and the effective tax rate is incorrectly calculated!My effective tax rate calculates to 6.83%, but turbotax has 6.57%?
    mhotalin
    4
    Updated Mar 15, 2025
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