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Level 10
July 10, 2023
Question

effective tax rate

  • July 10, 2023
  • 1 reply
  • 8 views

Marginal and effective tax rates shown as 0 when there is self-employment tax, but TI is negative.  No big deal that I need to explain it to clients.

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1 reply

sjrcpa
Level 15
July 10, 2023

Because -0- looks better than the negative rate that would appear if the software did the actual math?

The more I know the more I don’t know.