View Income Tax Rates

 

The Present Value menus as well as the House Report require income tax rates (marginal rates are used in the analysis of alimony).

To view the income tax rates select the Divorce Math Calculators menu and Present Value Calculations menu. You may view both federal and state tax rates.

 

State Income Tax Rates

Select a state to see state tax rates.

 

Federal Income Tax Rates

Go to the main menu to view the Federal tax rates.

You may update the federal tables each year by entering new taxable income bracket amounts. Recalculate and the rest of the table will be updated.

 

Also enter new values for itemized deductions phaseout amounts.

Use the Tools menu and Default - data to permanently save the new values. When you select this setting, the software will create a new table with the new values you have entered for tax rates.

 

 Note: When you want to update the taxes, use a new file (Doe) which does not contain specific case data.  Make the changes as soon as you launch the software and the use the Tools menu to save.

 

 

See also:

Tools Menu