Last year we had a taxable income of $59000 and a blended tax rate of 11.1%. This year we had a taxable income of $100500 and the blended tax rate dropped to 1%. This doesn't make sense to me and I think something is not right. Can you help explain this to me?
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
