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May 17, 2020
Question

Turbo Tax says my student daughter has a 26.2% blended tax rate on $6,334 income. Why is the rate so high?

  • May 17, 2020
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1 reply

rjs
Employee
May 17, 2020

Where in TurboTax do you see a "blended tax rate"? I don't see anything called "blended tax rate."


Not knowing what "blended tax rate" is, I don't know how it's calculated. But I'll make one guess. Is some of your daughter's income from self-employment? If self-employment tax is included in the "blended tax rate," that would make it much higher than the basic income tax rates.