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October 16, 2021
Question

How do I know the blended tax rate is accurate?

  • October 16, 2021
  • 2 replies
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Where does the blended tax rate come from?

2 replies

October 16, 2021

You can compute it yourself with a calculator.

 

Your blended tax rate is the amount of tax you paid (or will pay) for the year, divided by your adjusted gross income (AGI). 

October 17, 2021

TurboTax backs its tax calculations with a 100% Accurate Calculation Guarantee. In plain English, if you pay an IRS or state penalty or interest because of a TurboTax calculation error, TurboTax pay you the penalty and interest.

 

See: What is the TurboTax 100% Accurate Calculation Guarantee?