It's way off for me. I have a large self-employment tax that it's not considering. This is what I see:
TurboTax Effective Tax Rate: 10.42% (on page 1 when it prints the return)
But if I divide Total Tax by AGI then I get 23.2% and if I divide Total Tax by Taxable Income then I get 33.5%. Either way, the 10.42% number that Turbo Tax is printing is way off the mark. I wish I was only paying 10%!
