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April 16, 2024
Question

Can someone help me understand why my blended tax rate is 22% when my taxable income was $6,559? It doesn't make sense to me.

  • April 16, 2024
  • 1 reply
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1 reply

DaveF1006
April 16, 2024

It depends.  If your income is self-employment income, there is self-employment tax to consider. 

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