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March 14, 2020
Question

I think my refund is too high. My tax. inc. is only $500, & it says that my blended tax rate is 0%. But when I look up the federal tax table, it puts me in 10%. What do?

  • March 14, 2020
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1 reply

Critter
Employee
March 14, 2020

You must have qualifying dividends and/or cap gains on the return ... if so the tax tables are not used to compute the taxes ... save a PDF of the return to include the worksheets and look for the cap gain worksheet to see how your taxes were calculated.