4 ms·
Fairly sure some of these calculations are wrong or I need to get a new tax person. There is no way I will pay as little on the current bill as they think. I
by mbrumlow 9y ago
Fairly sure some of these calculations are wrong or I need to get a new tax person. There is no way I will pay as little on the current bill as they think. I think it is making the current plan look way better than what I would actually pay and have been paying. This makes me distrust the what I would pay part.
Edit. In fact both of the numbers for both plans are way less than any tax bill I have seen in the last few years. I would honestly take either of those over that I actually pay.
- ryannevius 9y agoIn my case, the federal tax bill amount shown is ~1/3 of my actual.
- quantdev 9y agoAre both of you incorrectly taking into account payroll taxes or AMT or state and local? It seems accurate to me.
- strictnein 9y agoYeah, this doesn't include SS or Medicare taxes, just federal income taxes.
- mbrumlow 9y agoI am only looking at my federal tax bill. That being said the site seems to be giving me different numbers now that I am on a computer at home. I checked my phone (still had the tab open) and it was showing near half what the site is showing now. But now the site shows the new tax bill will save me money, when before it said I would pay more. The numbers I am getting on my computer are closer to the real numbers for the current plan. As far as somebody saying "current tax bill saved zero" being weird. Yea it is weird but not really an issue. Keeping the same plan won't save you anything, I would be more upset if it tried to suggest it did save you something.
- mrexroad 9y agoSame. My actual federal tax bill is at least 1.5x what the calculator showed for current tax code. Other things seemed off by huge margin as well.