TAX PLAN CALCULATOR

TAX PLAN CALCULATOR

Postby DazedandConfused » Sun Dec 17, 2017 1:15 pm

Maxim Lott has updated his calculator. I have verified his figures for the next 5 years and we are in total agreement. I project out my income for 7 years. This is a great calculator!
http://taxplancalculator.com/
Last edited by DazedandConfused on Sun Dec 17, 2017 1:29 pm, edited 1 time in total.
"The whole reason welfare and foodstamps exist, is so those that are receiving won't be rioting in the street,
and breaking into our houses and killing us to get what they want." UCanIt
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Re: TAX PLAN CALCULATOR

Postby DDEATH » Sun Dec 17, 2017 1:25 pm

Gotdam it......... now I only get $624. I'll have to cut back somewhere! :o
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Re: TAX PLAN CALCULATOR

Postby DazedandConfused » Sun Dec 17, 2017 1:35 pm

DDeath, are you entering you AGI and not taxable income?
"The whole reason welfare and foodstamps exist, is so those that are receiving won't be rioting in the street,
and breaking into our houses and killing us to get what they want." UCanIt
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Re: TAX PLAN CALCULATOR

Postby DDEATH » Sun Dec 17, 2017 1:37 pm

I'm entering my gross income (estimate).
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Re: TAX PLAN CALCULATOR

Postby DazedandConfused » Sun Dec 17, 2017 1:54 pm

DDeath, you will want to look at AGI.
"The whole reason welfare and foodstamps exist, is so those that are receiving won't be rioting in the street,
and breaking into our houses and killing us to get what they want." UCanIt
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Re: TAX PLAN CALCULATOR

Postby DazedandConfused » Sun Dec 17, 2017 10:04 pm

If you are over age 65, blind or disabled, you can tack on $1,300 to your standard deduction ($1,600 for unmarried taxpayers). Social Security calculations do no change.
"The whole reason welfare and foodstamps exist, is so those that are receiving won't be rioting in the street,
and breaking into our houses and killing us to get what they want." UCanIt
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Re: TAX PLAN CALCULATOR

Postby DDEATH » Mon Dec 18, 2017 8:13 am

I wish he would have designated either gross income or AGI! :roll:
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Re: TAX PLAN CALCULATOR

Postby DazedandConfused » Mon Dec 18, 2017 8:41 pm

Don't forget to subtract the over 65 credit from your AGI.
"The whole reason welfare and foodstamps exist, is so those that are receiving won't be rioting in the street,
and breaking into our houses and killing us to get what they want." UCanIt
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