Woodznutz
Platinum Member
- Dec 9, 2021
- 17,715
- 8,337
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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.
