Woodznutz
Diamond Member
- Dec 9, 2021
- 34,984
- 17,882
- 1,788
The schedule of tax rates can be confusing, but a simple way to calculate your effective tax rate is to divide your Federal tax due on line 24 by your adjusted gross income on line 11.
I think you'll be pleasantly surprised by the actual effective tax rate.
I think you'll be pleasantly surprised by the actual effective tax rate.
