All Hokie, All the Time. Period. Presented by

The Lounge Board

HokieHutch

Joined: 12/28/1999 Posts: 5351
Likes: 1430


I am in SC, 2 kids (let Ex claim third) filing jointly


What I did was use two different calculators and analyzed my 2017 and 2016 taxes in these two calculators:

https://www.marketwatch.com/story/the-new-trump-tax-calculator-what-do-you-owe-2017-10-26

https://www.calcxml.com/calculators/trump-tax-reform-calculator

Not sure if they are the best or not, but I tried to see what would happen. My total take home pay ranged about $60k different between those years, partially due to capital gains and partially due to income. My worst benefit was +$5k, my best was +$12k.

The marketwatch calculator was more beneficial to me than the mcalc, but both looked better. Not sure if there is a better one to use, but Bing gave me these two and I have used both sites in other ways before so I trust them.


(In response to this post by VaTechie)

Posted: 12/19/2017 at 09:04AM



+1

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
 
  
Just ran tax effect from tax bill on me -- HokieHutch 12/18/2017 8:00PM
  That is a big range, so I will bite -- VaTechie 12/19/2017 08:21AM
  I am in SC, 2 kids (let Ex claim third) filing jointly -- HokieHutch 12/19/2017 09:04AM
  I'll pay more, no doubt, living in Baltimore. -- MEHOKIE 12/19/2017 07:42AM
  It will cost me $5-10k. You’re welcome. ** -- Burke Hokie 12/19/2017 07:17AM
  How much should you get for adults? -- EDGEMAN 12/19/2017 11:01AM
  I agree with 18, but they cut the tax credit at 17 ** -- hokieman842 12/19/2017 11:04AM
  Right when I'm not paying childcare any more ** -- bigbadbird 12/18/2017 10:09PM
  I think that you will be in the m -- TheNuke 12/18/2017 9:56PM
  5 to 12k savings? I dont think so -- capitals1 12/18/2017 10:19PM
  Link? ** -- BayHokie 12/18/2017 8:54PM
  See above -- HokieHutch 12/19/2017 09:06AM
  Awesome news! That's change we can believe in! ** -- EDGEMAN 12/18/2017 8:04PM

Tech Sideline is Presented By:

Our Sponsors

vm307