Question

Why is my blended tax rate so high? My taxable income is about $24,500 and my BTR is 23.6% - is this correct?

Last year my taxable income was about $6,400 and the BTR was only 10%

It looks like you may have self-employed income.

Self-employed income is subject to income tax AND self-employment tax which is calculated at 15.3% on 92.35% of your self-employed income.

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