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Reply to "What was your effective tax rate???"
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[quote=Anonymous]My dad does all of our family's taxes (used to work H&R Block part-time) so I don't know.. If I know my effective tax rate from my paycheck, how do I add in the tax return I received to calculate the actual effective rate? For example, I know from each paycheck that my tax rate during the year was 21.4%. But, I received a $942 tax return a few weeks ago. How do I calculate this in - anyone know? I'm guessing it would lower my rate to around 19 or 20%. For 2014 I got a raise that put me into the next tax bracket. Ugh![/quote]
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