this.MAX_CREDIT_FOR_CHILD_AND_DEPENDENT_CARE_EXPENSES){throw ("Child and dependent care credit is limited to "+b(this.MAX_CREDIT_FOR_CHILD_AND_DEPENDENT_CARE_EXPENSES)+".")}if((KJE.Default.iHOH==this.LINE_1_FILING_STATUS||KJE.Default.iWID==this.LINE_1_FILING_STATUS)&&this.LINE_6C_DEPENDANTS==0){throw ("Selected filing status requires at least one dependent, please enter the number of dependants in the 'exemptions' section")}this.LINE_22_TOTAL_INCOME=this.LINE_7_WAGES_SALARIES_TIPS_ETC+this.LINE_7_SPOUSE_WAGES_SALARIES_TIPS_ETC+this.LINE_8A_TAXABLE_INTEREST+this.LINE_9_ORDINARY_DIVIDENDS+this.LINE_10_TAXABLE_REFUNDS_OR_CREDITS_OF_STATE_AND_LOCAL_INCOME_TAXES+this.LINE_11_ALIMONY_RECEIVED+this.LINE_12_BUSINESS_INCOME_OR_LOSS+this.LINE_12_SPOUSE_BUSINESS_INCOME_OR_LOSS+this.LINE_13_CAPITAL_GAIN_OR_LOSS+this.LINE_14_OTHER_GAINS_OR_LOSSES+this.LINE_15_TAXABLE_IRA_DISTRIBUTIONS+this.LINE_16_TAXABLE_PENSIONS_AND_ANNUITY_DISTRIBUTIONS-this.LINE_16a_IDC+this.LINE_17_INCOME_FROM_SCHEDULE_E+this.LINE_17_INCOME_FROM_SCHEDULE_E2+this.LINE_18_FARM_INCOME_OR_LOSS+this.LINE_19_UNEMPLOYMENT_COMPENSATION+this.LINE_20_TAXABLE_SOCIAL_SECURITY_BENEFITS+this.LINE_21_OTHER_INCOME;this.MARGINAL_TAX_INCREMENT=(this.LINE_22_TOTAL_INCOME>this.MARGINAL_TAX_CALC_INCOME_CUTOFF?this.MARGINAL_TAX_INCREMENTS[1]:this.MARGINAL_TAX_INCREMENTS[0]);if(this.MARGINAL_TAX_INCREMENT==0){this.MARGINAL_TAX_INCREMENT=1}if(this.calculateTax1040Calc){f=this.calculateTax1040Calc()}else{var a=this.dTaxCalculation(this.MARGINAL_TAX_INCREMENT);var f=this.dTaxCalculation(0);this.MARGINAL_TAX_RATE=(a-f)/this.MARGINAL_TAX_INCREMENT}if(this.LINE_22_TOTAL_INCOME==0||f<=0){this.AVERAGE_TAX_RATE=0}else{this.AVERAGE_TAX_RATE=(f)/this.LINE_22_TOTAL_INCOME}var c=this.LINE_57_FEDERAL_INCOME_TAX_WITHHELD+this.LINE_58_2000_ESTIMATED_TAX_PAYMENTS+this.LINE_61_AMOUNT_PAID_WITH_FORM_4868+this.LINE_62_EXCESS_SOCIAL_SECURITY_AND_RRTA_TAX_WITHHELD;var e=c-f;var g="";if(e<0){g="Your outstanding tax bill";e*=(-1)}else{g="Your tax refund"}this.DS_TAX=KJE.FloatArray(3);this.DS_TAX[0]=f;this.DS_TAX[1]=c;this.DS_TAX[2]=e;this.cats=KJE.FloatArray(3);this.cats[0]="Total Tax "+b(f);this.cats[1]="Total Payments "+b(c);this.cats[2]=g+" "+b(e);this.MARGINAL_TEXT1=this.MSG_MARGINAL_TEXT1;this.MARGINAL_TEXT1=KJE.replace("LINE_56_TOTAL_TAX",b(f),this.MARGINAL_TEXT1);this.MARGINAL_TEXT2=this.MSG_MARGINAL_TEXT2;this.MARGINAL_TEXT2=KJE.replace("LINE_7_WAGES_SALARIES_TIPS_ETC",b(this.LINE_7_WAGES_SALARIES_TIPS_ETC+this.LINE_7_SPOUSE_WAGES_SALARIES_TIPS_ETC),this.MARGINAL_TEXT2);this.MARGINAL_TEXT2=KJE.replace("AVERAGE_TAX_RATE",KJE.percent(this.AVERAGE_TAX_RATE,2),this.MARGINAL_TEXT2);this.MARGINAL_TEXT2=KJE.replace("BRACKET_TAX_RATE",KJE.percent(this.BRACKET_TAX_RATE,2),this.MARGINAL_TEXT2);this.MARGINAL_TEXT2=KJE.replace("MARGINAL_TAX_INCREMENT",b(this.MARGINAL_TAX_INCREMENT),this.MARGINAL_TEXT2);this.MARGINAL_TEXT2=KJE.replace("MARGINAL_TAX_RATE",KJE.percent(this.MARGINAL_TAX_RATE,2),this.MARGINAL_TEXT2);this.LINE_56_TOTAL_TAX=f;this.LINE_64_TOTAL_PAYMENTS=c;this.REFUND_OR_OVERPAYMENT_AMT=e;this.REFUND_OR_OVERPAYMENT_TEXT=g;this.fGraphCats[0]=this.AVERAGE_TAX_RATE;this.fGraphCats[1]=this.BRACKET_TAX_RATE;this.fGraphCats[2]=this.MARGINAL_TAX_RATE};KJE.Tax1040Calc.prototype.formatReport=function(a){var b=KJE;var c=a;c=KJE.replace("MARGINAL_TEXT1",this.MARGINAL_TEXT1,c);c=KJE.replace("MARGINAL_TEXT2",this.MARGINAL_TEXT2,c);c=KJE.replace("LINE_1_FILING_STATUS",KJE.Default.FILING_STATUS_DESC[this.LINE_1_FILING_STATUS],c);c=KJE.replace("LINE_6A_PERSONAL_EXEMPTION",b.yesno(this.LINE_6A_PERSONAL_EXEMPTION),c);c=KJE.replace("LINE_6B_SPOUSE_EXEMPTION",b.yesno(this.LINE_6B_SPOUSE_EXEMPTION),c);c=KJE.replace("LINE_6C_DEPENDANTS_QUALIFYING_FOR_CHILD_TAX_CREDIT",b.number(this.LINE_6C_DEPENDANTS_QUALIFYING_FOR_CHILD_TAX_CREDIT),c);c=KJE.replace("LINE_6C_DEPENDANTS_QUALIFYING_FOR_EARNED_INCOME_CREDIT",b.number(this.LINE_6C_DEPENDANTS_QUALIFYING_FOR_EARNED_INCOME_CREDIT),c);c=KJE.replace("LINE_6C_DEPENDANTS",b.number(this.LINE_6C_DEPENDANTS),c);c=KJE.replace("LINE_6D_TOTAL_EXEMPTIONS_CLAIMED",b.number(this.LINE_6D_TOTAL_EXEMPTIONS_CLAIMED),c);c=KJE.replace("LINE_7_WAGES_SALARIES_TIPS_ETC",b.dollars(this.LINE_7_WAGES_SALARIES_TIPS_ETC),c);c=KJE.replace("LINE_7_SPOUSE_WAGES_SALARIES_TIPS_ETC",b.dollars(this.LINE_7_SPOUSE_WAGES_SALARIES_TIPS_ETC),c);c=KJE.replace("LINE_8A_TAXABLE_INTEREST",b.dollars(this.LINE_8A_TAXABLE_INTEREST),c);c=KJE.replace("LINE_8B_TAXEXEMPT_INTEREST",b.dollars(this.LINE_8B_TAXEXEMPT_INTEREST),c);c=KJE.replace("LINE_9_ORDINARY_DIVIDENDS",b.dollars(this.LINE_9_ORDINARY_DIVIDENDS),c);c=KJE.replace("LINE_10_TAXABLE_REFUNDS_OR_CREDITS_OF_STATE_AND_LOCAL_INCOME_TAXES",b.dollars(this.LINE_10_TAXABLE_REFUNDS_OR_CREDITS_OF_STATE_AND_LOCAL_INCOME_TAXES),c);c=KJE.replace("LINE_11_ALIMONY_RECEIVED",b.dollars(this.LINE_11_ALIMONY_RECEIVED),c);c=KJE.replace("LINE_12_BUSINESS_INCOME_OR_LOSS",b.dollars(this.LINE_12_BUSINESS_INCOME_OR_LOSS),c);c=KJE.replace("LINE_12_SPOUSE_BUSINESS_INCOME_OR_LOSS",b.dollars(this.LINE_12_SPOUSE_BUSINESS_INCOME_OR_LOSS),c);c=KJE.replace("LINE_13_CAPITAL_GAIN_OR_LOSS",b.dollars(this.LINE_13_CAPITAL_GAIN_OR_LOSS),c);c=KJE.replace("LINE_14_OTHER_GAINS_OR_LOSSES",b.dollars(this.LINE_14_OTHER_GAINS_OR_LOSSES),c);c=KJE.replace("LINE_15_TAXABLE_IRA_DISTRIBUTIONS",b.dollars(this.LINE_15_TAXABLE_IRA_DISTRIBUTIONS),c);c=KJE.replace("LINE_16_TAXABLE_PENSIONS_AND_ANNUITY_DISTRIBUTIONS",b.dollars(this.LINE_16_TAXABLE_PENSIONS_AND_ANNUITY_DISTRIBUTIONS),c);c=KJE.replace("LINE_16a_IDC",b.dollars(this.LINE_16a_IDC),c);c=KJE.replace("LINE_17_INCOME_FROM_SCHEDULE_E2",b.dollars(this.LINE_17_INCOME_FROM_SCHEDULE_E2),c);c=KJE.replace("LINE_17_INCOME_FROM_SCHEDULE_E",b.dollars(this.LINE_17_INCOME_FROM_SCHEDULE_E),c);c=KJE.replace("LINE_18_FARM_INCOME_OR_LOSS",b.dollars(this.LINE_18_FARM_INCOME_OR_LOSS),c);c=KJE.replace("LINE_19_UNEMPLOYMENT_COMPENSATION",b.dollars(this.LINE_19_UNEMPLOYMENT_COMPENSATION),c);c=KJE.replace("LINE_20_TAXABLE_SOCIAL_SECURITY_BENEFITS",b.dollars(this.LINE_20_TAXABLE_SOCIAL_SECURITY_BENEFITS),c);c=KJE.replace("LINE_21_OTHER_INCOME",b.dollars(this.LINE_21_OTHER_INCOME),c);c=KJE.replace("LINE_22_TOTAL_INCOME",b.dollars(this.LINE_22_TOTAL_INCOME),c);c=KJE.replace("LINE_23_IRA_DEDUCTION",b.dollars(this.LINE_23_IRA_DEDUCTION),c);c=KJE.replace("LINE_24_STUDENT_LOAN_INTEREST_DEDUCTION",b.dollars(this.LINE_24_STUDENT_LOAN_INTEREST_DEDUCTION),c);c=KJE.replace("MAGI_STUDENT_LOAN_INTEREST_DEDUCTION",b.dollars(this.MAGI_STUDENT_LOAN_INTEREST_DEDUCTION),c);c=KJE.replace("STUDENT_LOAN_INTEREST_DEDUCTION",b.dollars(this.STUDENT_LOAN_INTEREST_DEDUCTION),c);c=KJE.replace("EDUCATOR_EXPENSES",b.dollars(this.EDUCATOR_EXPENSES),c);c=KJE.replace("LINE_26_MOVING_EXPENSES",b.dollars(this.LINE_26_MOVING_EXPENSES),c);c=KJE.replace("LINE_27_ONEHALF_OF_SELFEMPLOYMENT_TAX",b.dollars(this.LINE_27_ONEHALF_OF_SELFEMPLOYMENT_TAX),c);c=KJE.replace("LINE_28_SELFEMPLOYED_HEALTH_INSURANCE_DEDUCTION",b.dollars(this.LINE_28_SELFEMPLOYED_HEALTH_INSURANCE_DEDUCTION),c);c=KJE.replace("LINE_29_KEOP_AND_SELF_EMPLOYED_SEP_AND_SIMPLE_PLANS",b.dollars(this.LINE_29_KEOP_AND_SELF_EMPLOYED_SEP_AND_SIMPLE_PLANS),c);c=KJE.replace("LINE_30_PENALTY_ON_EARLY_WITHDRAWAL_OF_SAVINGS",b.dollars(this.LINE_30_PENALTY_ON_EARLY_WITHDRAWAL_OF_SAVINGS),c);c=KJE.replace("LINE_31_ALIMONY_PAID",b.dollars(this.LINE_31_ALIMONY_PAID),c);c=KJE.replace("LINE_32_TOTAL_ADJUSTMENTS_23_THROUGH_31",b.dollars(this.LINE_32_TOTAL_ADJUSTMENTS_23_THROUGH_31),c);c=KJE.replace("LINE_33_ADJUSTED_GROSS_INCOME",b.dollars(this.LINE_33_ADJUSTED_GROSS_INCOME),c);c=KJE.replace("LINE_35A_YOU_WERE_65_OR_OLDER",b.yesno(this.LINE_35A_YOU_WERE_65_OR_OLDER),c);c=KJE.replace("LINE_35A_BLIND_SPOUSE",b.yesno(this.LINE_35A_BLIND_SPOUSE),c);c=KJE.replace("LINE_35A_BLIND",b.yesno(this.LINE_35A_BLIND),c);c=KJE.replace("LINE_35A_SPOUSE_WAS_65_OR_OLDER",b.yesno(this.LINE_35A_SPOUSE_WAS_65_OR_OLDER),c);c=KJE.replace("LINE_35A_TOTAL_CREDITS",b.number(this.LINE_35A_TOTAL_CREDITS),c);c=KJE.replace("LINE_35B_MARRIED_FILING_SEPARATELY",b.yesno(this.LINE_35B_MARRIED_FILING_SEPARATELY),c);c=KJE.replace("LINE_36_ITEMIZED_DEDUCTIONS",b.dollars(this.LINE_36_ITEMIZED_DEDUCTIONS),c);c=KJE.replace("LINE_36_CAN_SOMEONE_CLAIM_YOU_AS_A_DEPENDENT",b.yesno(this.LINE_36_CAN_SOMEONE_CLAIM_YOU_AS_A_DEPENDENT),c);c=KJE.replace("LINE_36_STANDARD_DEDUCTION",b.dollars(this.LINE_36_STANDARD_DEDUCTION),c);c=KJE.replace("LINE_36_DEDUCTION_TO_USE",b.dollars(this.LINE_36_DEDUCTION_TO_USE),c);c=KJE.replace("LINE_37_INCOME_MINUS_DEDUCTIONS",b.dollars(this.LINE_37_INCOME_MINUS_DEDUCTIONS),c);c=KJE.replace("LINE_38_DEDUCTION_FOR_EXEMPTIONS",b.dollars(this.LINE_38_DEDUCTION_FOR_EXEMPTIONS),c);c=KJE.replace("LINE_39_TAXABLE_INCOME",b.dollars(this.LINE_39_TAXABLE_INCOME),c);c=KJE.replace("LINE_40_TAX",b.dollars(this.LINE_40_TAX)+" "+this.CAPITAL_GAINS_MSG,c);c=KJE.replace("LINE_41_CREDIT_FOR_CHILD_AND_DEPENDENT_CARE_EXPENSES",b.dollars(this.LINE_41_CREDIT_FOR_CHILD_AND_DEPENDENT_CARE_EXPENSES),c);c=KJE.replace("LINE_42_CREDIT_FOR_THE_ELDERLY_OR_DISABLED",b.dollars(this.LINE_42_CREDIT_FOR_THE_ELDERLY_OR_DISABLED),c);c=KJE.replace("LINE_43_CHILD_TAX_CREDIT",b.dollars(this.LINE_43_CHILD_TAX_CREDIT),c);c=KJE.replace("LINE_44_EDUCATION_CREDITS",b.dollars(this.LINE_44_EDUCATION_CREDITS),c);c=KJE.replace("LINE_45_ADOPTION_CREDIT",b.dollars(this.LINE_45_ADOPTION_CREDIT),c);c=KJE.replace("LINE_46_FOREIGN_TAX_CREDIT",b.dollars(this.LINE_46_FOREIGN_TAX_CREDIT),c);c=KJE.replace("LINE_47_OTHER_CREDITS",b.dollars(this.LINE_47_OTHER_CREDITS),c);c=KJE.replace("LINE_48_TOTAL_CREDITS",b.dollars(this.LINE_48_TOTAL_CREDITS),c);c=KJE.replace("LINE_49_TOTAL_TAX_AFTER_CREDITS",b.dollars(this.LINE_49_TOTAL_TAX_AFTER_CREDITS+this.LINE_51_ALTERNATIVE_MINIMUM_TAX+this.LINE_51a_EXCESS_PREMIMUM_TAX),c);c=KJE.replace("LINE_50_SELFEMPLOYMENT_TAX",b.dollars(this.LINE_50_SELFEMPLOYMENT_TAX),c);c=KJE.replace("LINE_51_ALTERNATIVE_MINIMUM_TAX",b.dollars(this.LINE_51_ALTERNATIVE_MINIMUM_TAX),c);c=KJE.replace("LINE_51a_EXCESS_PREMIMUM_TAX",b.dollars(this.LINE_51a_EXCESS_PREMIMUM_TAX),c);c=KJE.replace("LINE_52_SOCIAL_SECURITY_AND_MEDICARE_ON_TIPS_NOT_REPORTED",b.dollars(this.LINE_52_SOCIAL_SECURITY_AND_MEDICARE_ON_TIPS_NOT_REPORTED),c);c=KJE.replace("LINE_53_TAX_ON_IRAS_AND_OTHER_RETIREMENT_PLANS",b.dollars(this.LINE_53_TAX_ON_IRAS_AND_OTHER_RETIREMENT_PLANS),c);c=KJE.replace("LINE_54_ADVANCE_EARNED_INCOME_CREDIT_PAYMENTS",b.dollars(this.LINE_54_ADVANCE_EARNED_INCOME_CREDIT_PAYMENTS),c);c=KJE.replace("LINE_55_HOUSEHOLD_EMPLOYMENT_TAXES",b.dollars(this.LINE_55_HOUSEHOLD_EMPLOYMENT_TAXES),c);c=KJE.replace("LINE_55B",b.dollars(this.LINE_55B),c);c=KJE.replace("TOTAL_OTHER_TAXES",b.dollars(this.TOTAL_OTHER_TAXES-this.LINE_51_ALTERNATIVE_MINIMUM_TAX-this.LINE_51a_EXCESS_PREMIMUM_TAX),c);c=KJE.replace("LINE_56_TOTAL_TAX",b.dollars(this.LINE_56_TOTAL_TAX),c);c=KJE.replace("LINE_57_FEDERAL_INCOME_TAX_WITHHELD",b.dollars(this.LINE_57_FEDERAL_INCOME_TAX_WITHHELD),c);c=KJE.replace("LINE_58_2000_ESTIMATED_TAX_PAYMENTS",b.dollars(this.LINE_58_2000_ESTIMATED_TAX_PAYMENTS),c);c=KJE.replace("LINE_59_EARNED_INCOME_CREDIT",b.dollars(this.LINE_59_EARNED_INCOME_CREDIT),c);c=KJE.replace("LINE_61_AMOUNT_PAID_WITH_FORM_4868",b.dollars(this.LINE_61_AMOUNT_PAID_WITH_FORM_4868),c);c=KJE.replace("LINE_62_EXCESS_SOCIAL_SECURITY_AND_RRTA_TAX_WITHHELD",b.dollars(this.LINE_62_EXCESS_SOCIAL_SECURITY_AND_RRTA_TAX_WITHHELD),c);c=KJE.replace("LINE_63_OTHER_PAYMENTS",b.dollars(this.LINE_63_OTHER_PAYMENTS),c);c=KJE.replace("LINE_64_TOTAL_PAYMENTS",b.dollars(this.LINE_64_TOTAL_PAYMENTS),c);c=KJE.replace("REFUND_OR_OVERPAYMENT_AMT",b.dollars(this.REFUND_OR_OVERPAYMENT_AMT),c);c=KJE.replace("REFUND_OR_OVERPAYMENT_TEXT",this.REFUND_OR_OVERPAYMENT_TEXT,c);c=KJE.replace("AVERAGE_TAX_RATE",b.percent(this.AVERAGE_TAX_RATE,2),c);c=KJE.replace("MARGINAL_TAX_RATE",b.percent(this.MARGINAL_TAX_RATE,2),c);c=KJE.replace("BRACKET_TAX_RATE",b.percent(this.BRACKET_TAX_RATE,2),c);c=KJE.replace("MARGINAL_TAX_INCREMENT",b.dollars(this.MARGINAL_TAX_INCREMENT),c);c=KJE.replace("EX_START_PHASE_OUT",b.dollars(this.EX_START_PHASE_OUT[this.LINE_1_FILING_STATUS]),c);c=KJE.replace("ITEMIZED_REDUCTION_STARTS",b.dollars(this.ITEMIZED_REDUCTION_STARTS[this.LINE_1_FILING_STATUS]),c);c=KJE.replace("CHILD_TAX_PHASE_OUT",b.dollars(this.CHILD_TAX_PHASE_OUT[this.LINE_1_FILING_STATUS]),c);c=KJE.replace("CHILD_TAX_CREDIT_AMT",b.dollars(this.CHILD_TAX_CREDIT_AMT),c);c=KJE.replace("ADJUST_ITEMIZED_DEDUCTIONS",b.dollars(this.ADJUST_ITEMIZED_DEDUCTIONS),c);c=KJE.replace("LINE_42_TOTAL",b.dollars(this.LINE_51_ALTERNATIVE_MINIMUM_TAX+this.LINE_40_TAX+this.LINE_51a_EXCESS_PREMIMUM_TAX),c);c=KJE.replace("NEW_26_TUITION_AND_FEES",b.dollars(this.NEW_26_TUITION_AND_FEES),c);c=KJE.replace("NONTAXABLE_COMBAT_PAY",b.dollars(this.NONTAXABLE_COMBAT_PAY),c);c=KJE.replace("EIC_INCOME_REDUCTION",b.dollars(this.EIC_INCOME_REDUCTION),c);c=KJE.replace("TOTAL_REFUNDABLE_CREDITS",b.dollars(this.TOTAL_REFUNDABLE_CREDITS),c);c=KJE.replace("TOTAL_TAX_BEFORE_REFUNDABLE_CREDITS",b.dollars(this.TOTAL_TAX_BEFORE_REFUNDABLE_CREDITS),c);c=KJE.replace("ADDITIONAL_CHILD_TAX_CREDIT",b.dollars(this.ADDITIONAL_CHILD_TAX_CREDIT),c);c=KJE.replace("AMERICAN_OPP_NONREFUNDABLE",b.dollars(this.AMERICAN_OPP_NONREFUNDABLE),c);c=KJE.replace("AMERICAN_OPP_REFUNDABLE",b.dollars(this.AMERICAN_OPP_REFUNDABLE),c);c=KJE.replace("VALID_AGE_RANGE",b.yesno(this.VALID_AGE_RANGE?1:0),c);c=KJE.replace("QUALIFYING_CHILD_OF_ANOTHER",b.yesno(this.QUALIFYING_CHILD_OF_ANOTHER?1:0),c);c=KJE.replace("LIVED_IN_THE_US",b.yesno(this.LIVED_IN_THE_US?1:0),c);c=KJE.replace("NEW_48_RETIREMENT_SAVINGS_CREDIT",b.dollars(this.NEW_48_RETIREMENT_SAVINGS_CREDIT),c);c=KJE.replace("LINE_9_OTHER_DIVIDENDS",b.dollars(this.LINE_9_OTHER_DIVIDENDS),c);c=KJE.replace("LINE_13_SHORT_TERM_CAP_GAIN",b.dollars(this.LINE_13_SHORT_TERM_CAP_GAIN),c);c=KJE.replace("LINE_13_LONG_TERM_CAP_GAIN",b.dollars(this.LINE_13_LONG_TERM_CAP_GAIN),c);c=KJE.replace("CERTAIN_BUSINESS_EXPENSES",b.dollars(this.CERTAIN_BUSINESS_EXPENSES),c);c=KJE.replace("HEALTH_SAVINGS_ACCOUNT",b.dollars(this.HEALTH_SAVINGS_ACCOUNT),c);c=KJE.replace("ADJUSTED_TUITION_FEES_DEDUCTION",b.dollars(this.ADJUSTED_TUITION_FEES_DEDUCTION),c);c=KJE.replace("TUITION_FEES_DEDUCTION",b.dollars(this.TUITION_FEES_DEDUCTION),c);c=KJE.replace("DOMESTIC_PRODUCTION_DEDUCTION",b.dollars(this.DOMESTIC_PRODUCTION_DEDUCTION),c);c=KJE.replace("MEDICARE_UNEARNED_SURTAX",b.dollars(this.MEDICARE_UNEARNED_SURTAX),c);c=KJE.replace("MEDICARE_INCOME_SURTAX",b.dollars(this.MEDICARE_INCOME_SURTAX),c);c=KJE.replace("MEDICARE_UNEARNED_RATE",b.percent(KJE.Default.MEDICARE_UNEARNED_RATE,1),c);c=KJE.replace("MEDICARE_INCOME_RATE",b.percent(KJE.Default.MEDICARE_INCOME_RATE,1),c);c=KJE.replace("MEDICARE_INCOME_AMT",b.dollars(this.MEDICARE_INCOME_AMT),c);c=KJE.replace("MEDICARE_UNEARNED_AMT",b.dollars(this.MEDICARE_UNEARNED_AMT),c);c=KJE.replace("SHDA_16_GIFT_CASH",b.dollars(this.SHDA_16_GIFT_CASH),c);if(this.formatTax1040Calc){c=this.formatTax1040Calc(c)}c=KJE.replace("HEALTHCARE_INDIVIDUAL_RESPONSIBILITY",b.dollars(this.HEALTHCARE_INDIVIDUAL_RESPONSIBILITY),c);c=KJE.replace("HEALTHCARE_NET_PREMIUM_CREDIT",b.dollars(this.HEALTHCARE_NET_PREMIUM_CREDIT),c);return c};KJE.Tax1040Calc.prototype.dTaxCalculation=function(aV){var aP=this.LINE_6A_PERSONAL_EXEMPTION;var Z=this.LINE_6B_SPOUSE_EXEMPTION;var X=this.LINE_6C_DEPENDANTS;var A=this.LINE_6C_DEPENDANTS_QUALIFYING_FOR_CHILD_TAX_CREDIT;var aH=this.LINE_8B_TAXEXEMPT_INTEREST;var Q=this.LINE_23_IRA_DEDUCTION;var a3=this.LINE_26_MOVING_EXPENSES;var s=this.LINE_28_SELFEMPLOYED_HEALTH_INSURANCE_DEDUCTION;var aL=this.LINE_29_KEOP_AND_SELF_EMPLOYED_SEP_AND_SIMPLE_PLANS;var B=this.LINE_30_PENALTY_ON_EARLY_WITHDRAWAL_OF_SAVINGS;var aa=this.LINE_31_ALIMONY_PAID;var G=this.LINE_35A_YOU_WERE_65_OR_OLDER;var bc=this.LINE_35A_BLIND;var g=this.LINE_35A_BLIND_SPOUSE;var d=this.LINE_35A_SPOUSE_WAS_65_OR_OLDER;var an=this.LINE_36_ITEMIZED_DEDUCTIONS+this.SHDA_16_GIFT_CASH;var at=this.LINE_36_CAN_SOMEONE_CLAIM_YOU_AS_A_DEPENDENT;var a1=this.LINE_41_CREDIT_FOR_CHILD_AND_DEPENDENT_CARE_EXPENSES;var au=this.LINE_42_CREDIT_FOR_THE_ELDERLY_OR_DISABLED;var a2=this.LINE_44_EDUCATION_CREDITS;var bb=this.LINE_45_ADOPTION_CREDIT;var U=this.LINE_46_FOREIGN_TAX_CREDIT;var aQ=this.LINE_47_OTHER_CREDITS;var a9=this.LINE_51_ALTERNATIVE_MINIMUM_TAX;var ad=this.LINE_51a_EXCESS_PREMIMUM_TAX;var m=this.LINE_52_SOCIAL_SECURITY_AND_MEDICARE_ON_TIPS_NOT_REPORTED;var a5=this.LINE_53_TAX_ON_IRAS_AND_OTHER_RETIREMENT_PLANS;var a8=this.LINE_54_ADVANCE_EARNED_INCOME_CREDIT_PAYMENTS;var f=this.LINE_55_HOUSEHOLD_EMPLOYMENT_TAXES;var ap=this.LINE_55B;var aS=this.LINE_63_OTHER_PAYMENTS;var aR=this.NEW_26_TUITION_AND_FEES;var aZ=this.LINE_12_BUSINESS_INCOME_OR_LOSS;var v=this.LINE_12_SPOUSE_BUSINESS_INCOME_OR_LOSS;var ae=this.LINE_18_FARM_INCOME_OR_LOSS;var aq=this.LINE_24_STUDENT_LOAN_INTEREST_DEDUCTION;var p=this.LINE_7_WAGES_SALARIES_TIPS_ETC;var u=this.LINE_7_SPOUSE_WAGES_SALARIES_TIPS_ETC;var D=this.EDUCATOR_EXPENSES;var aG=this.LINE_1_FILING_STATUS;var J=this.CERTAIN_BUSINESS_EXPENSES;var ba=this.HEALTH_SAVINGS_ACCOUNT;var a6=this.DOMESTIC_PRODUCTION_DEDUCTION;var z=this.TUITION_FEES_DEDUCTION;var l=this.EIC_INCOME_REDUCTION;var o=this.LINE_8A_TAXABLE_INTEREST;var W=this.LINE_9_ORDINARY_DIVIDENDS;var aO=this.LINE_13_LONG_TERM_CAP_GAIN;var r=this.LINE_13_SHORT_TERM_CAP_GAIN;var T=this.VALID_AGE_RANGE;var ag=this.QUALIFYING_CHILD_OF_ANOTHER;var aT=this.LIVED_IN_THE_US;var j=this.NONTAXABLE_COMBAT_PAY;var aU=this.LINE_6C_DEPENDANTS_QUALIFYING_FOR_EARNED_INCOME_CREDIT;var ab=this.LINE_9_OTHER_DIVIDENDS;var R=this.LINE_13_CAPITAL_GAIN_OR_LOSS;var q=this.NEW_48_RETIREMENT_SAVINGS_CREDIT;var b=aP+Z+X;var al=this.LINE_22_TOTAL_INCOME+aV;var M=0;var E=0;if((aZ+ae)>0){var ao=(aZ+ae)*(1-this.SOCIAL_SECURITY_CURRENT_RATE-this.MEDICARE_CURRENT_RATE);if(ao>=400){var a=this.SOCIAL_SECURITY_CURRENT_MAX-p;a=((a0){var ao=(v)*(1-this.SOCIAL_SECURITY_CURRENT_RATE-this.MEDICARE_CURRENT_RATE);if(ao>=400){var a=this.SOCIAL_SECURITY_CURRENT_MAX-u;a=((athis.PHASEOUT_START_STUDENT_LOAN_INTEREST_DEDUCTION[aG]&&I=this.PHASEOUT_END_STUDENT_LOAN_INTEREST_DEDUCTION[aG]){av=0}}var am=z;if(I>this.PHASEOUT_END_TUITION_FEES_DEDUCTION[aG]){am=0}else{if(I>this.PHASEOUT_START_TUITION_FEES_DEDUCTION[aG]&&I<=this.PHASEOUT_END_TUITION_FEES_DEDUCTION[aG]){if(z>this.MID_TUITION_FEES_DEDUCTION){am=this.MID_TUITION_FEES_DEDUCTION}}}var aN=Q+av+D+a3+M+s+aL+B+aa+J+ba+am+a6;var a0=al-aN;var aJ=G+bc+d+g;var t=0;if(at==0){if(aJ==0){t=KJE.Default.TAX_STANDARD_DEDUCTION[aG]}else{if(aJ==1){t=this.FILING_STATUS_BLIND65_1[aG]}else{if(aJ==2){t=this.FILING_STATUS_BLIND65_2[aG]}else{if(aJ==3){t=this.FILING_STATUS_BLIND65_3[aG]}else{if(aJ==4){t=this.FILING_STATUS_BLIND65_4[aG]}}}}}}else{if((this.DEP_STANDARD_DEDUCTION_MAX_OVER_INCOME+p)KJE.Default.TAX_STANDARD_DEDUCTION[aG]){t=KJE.Default.TAX_STANDARD_DEDUCTION[aG]}if(aJ>0){t+=aJ*this.BLIND65_OLD_STANDARD_DEDUCTION_FACTOR[aG]}}var ay=0;var aM=an;if(this.ITEMIZED_REDUCTION_STARTS[aG]aM){ay=t}else{ay=aM}var F=a0-ay;var H=this.EX_VALUE*b;if(this.EX_START_PHASE_OUT[aG]k?C:k)}}var V=F-H;if(V<0){V=0}var K=this.dTaxAmount(V,aG);var ai="";if((R>0&&aO>0)||(ab>0)){var a7=(aO<(aO+r)?aO:(aO+r));if(a7<0){a7=0}a7+=ab;var O=V-a7;if(O<0){O=0}var af=0;var S=0;if(O>KJE.Default.TAX_BREAK_POINT[6][aG]){af=0;S=a7}else{if(O>KJE.Default.TAX_BREAK_POINT[2][aG]){S=V-KJE.Default.TAX_BREAK_POINT[6][aG];if(S<0){S=0}af=a7-S}else{S=V-KJE.Default.TAX_BREAK_POINT[6][aG];if(S<0){S=0}af=V-KJE.Default.TAX_BREAK_POINT[2][aG]-S;if(af<0){af=0}}}var aD=af*this.CAP_RATE1+S*this.CAP_RATE2;if(aD<0){aD=0}var aC=this.dTaxAmount(O,aG);var aB=aD+aC;var aA=this.dTaxAmount(V,aG);var ax=(aBthis.CHILD_TAX_PHASE_OUT[aG]){var az=Math.ceil((a0-this.CHILD_TAX_PHASE_OUT[aG])/this.CHILD_TAX_INCOME_INCREMENT)*this.CHILD_TAX_PHASE_OUT_INC;if(az>aF){aF=0}else{aF-=az}}var y=0;var aW=0;if(a0>KJE.Default.MEDICARE_SURTAX_BEGIN[aG]){aW=o+W+R+this.LINE_14_OTHER_GAINS_OR_LOSSES+this.LINE_21_OTHER_INCOME+this.LINE_17_INCOME_FROM_SCHEDULE_E;if(a0-aW<=KJE.Default.MEDICARE_SURTAX_BEGIN[aG]){aW=(a0-KJE.Default.MEDICARE_SURTAX_BEGIN[aG])}y=aW*KJE.Default.MEDICARE_UNEARNED_RATE}var c=0;var P=p+u+aZ+v+ae-KJE.Default.MEDICARE_SURTAX_BEGIN[aG];if(P>0){c=P*KJE.Default.MEDICARE_INCOME_RATE}else{P=0}var ac=0;if(this.RC){var N=this.RC;N.clear();N.LINE_1_FILING_STATUS=aG;N.DEPENDENT_OF_ANOTHER=(at==1);N.NUMBER_OF_CHILDREN=aU;N.ADJUSTED_GROSS_INCOME=a0;N.SELF_EMPLOYMENT_INCOME=aZ+v+ae-M;N.LINE_7_WAGES_SALARIES_TIPS_ETC=p-l;N.INVESTMENT_INCOME=o+aH+W+aO+r;N.VALID_AGE_RANGE=T;N.QUALIFYING_CHILD_OF_ANOTHER=ag;N.LIVED_IN_THE_US=aT;N.NONTAXABLE_COMBAT_PAY=j;N.calculate();var ac=N.EIC}var w=Math.round(aR*0.6);var aE=aR-w;var e=a1+au+aF+a2+bb+U+aQ+q+w;var L=K-e;var a4=0;if(L<0){var aX=aF;var Y=0;var x=Math.round(K-(e-aF));if(x>0){aX-=x;Y+=x}else{x=0}var aj=Math.round((p+aZ+v-this.CHILD_TAX_EXTRA_CREDIT_INCOME_MIN)*this.CHILD_TAX_EXTRA_CREDIT_INCOME_FACTOR);if(aj<0){aj=0}if(ajaF){Y=aF-aX}e=e-aF+Y;aF=Y;L=x-aF}var aw=ac+aS+a4+aE+this.HEALTHCARE_NET_PREMIUM_CREDIT;var ar=E+a9+ad+m+a5+a8+f+ap+y+c+ +this.HEALTHCARE_INDIVIDUAL_RESPONSIBILITY;var h=L+ar-aw;this.TOTAL_TAX_BEFORE_REFUNDABLE_CREDITS=h+aw;this.LINE_6D_TOTAL_EXEMPTIONS_CLAIMED=b;this.ADJUSTED_TUITION_FEES_DEDUCTION=am;this.LINE_32_TOTAL_ADJUSTMENTS_23_THROUGH_31=aN;this.LINE_33_ADJUSTED_GROSS_INCOME=a0;this.LINE_35A_TOTAL_CREDITS=aJ;this.MAGI_STUDENT_LOAN_INTEREST_DEDUCTION=I;this.LINE_48_TOTAL_CREDITS=e;this.LINE_49_TOTAL_TAX_AFTER_CREDITS=L;this.LINE_43_CHILD_TAX_CREDIT=aF;this.TOTAL_OTHER_TAXES=ar;this.TOTAL_REFUNDABLE_CREDITS=aw;this.LINE_59_EARNED_INCOME_CREDIT=ac;this.ADDITIONAL_CHILD_TAX_CREDIT=a4;this.AMERICAN_OPP_NONREFUNDABLE=w;this.AMERICAN_OPP_REFUNDABLE=aE;this.LINE_27_ONEHALF_OF_SELFEMPLOYMENT_TAX=M;this.LINE_50_SELFEMPLOYMENT_TAX=E;this.STUDENT_LOAN_INTEREST_DEDUCTION=av;this.LINE_40_TAX=K;this.LINE_36_STANDARD_DEDUCTION=t;this.ADJUST_ITEMIZED_DEDUCTIONS=aM;this.LINE_39_TAXABLE_INCOME=V;this.LINE_36_DEDUCTION_TO_USE=ay;this.LINE_37_INCOME_MINUS_DEDUCTIONS=F;this.LINE_38_DEDUCTION_FOR_EXEMPTIONS=H;this.CAPITAL_GAINS_MSG=ai;this.MEDICARE_UNEARNED_SURTAX=y;this.MEDICARE_INCOME_SURTAX=c;this.MEDICARE_UNEARNED_AMT=aW;this.MEDICARE_INCOME_AMT=P;return h};KJE.Tax1040Calc.prototype.dTaxAmount=function(b,a){var c=KJE.Default.dTaxAndBracket(b,a);this.BRACKET_TAX_RATE=c.BRACKET;return c.TAX};KJE.Tax1040Calc.prototype.setDependantStatus=function(c,b){if(c>2){throw"Dependent status must be 2 or less."}var e=1;var a=0;var d=0;var f=0;if(this.LINE_1_FILING_STATUS==KJE.Default.iSGL||this.LINE_1_FILING_STATUS==KJE.Default.iMFS||this.LINE_1_FILING_STATUS==KJE.Default.iHOH){if(c==0){f=1;e=0}}else{if(c==0){e=0;f=1;d=1}else{if(c==1){d=1}}}this.LINE_6C_DEPENDANTS=a+(b?b:0);this.LINE_36_CAN_SOMEONE_CLAIM_YOU_AS_A_DEPENDENT=e;this.LINE_6B_SPOUSE_EXEMPTION=d;this.LINE_6A_PERSONAL_EXEMPTION=f};KJE.Tax1040Calc.prototype.getGraphTitle=function(b){var a=this.MSG_TAX_RESULT1+""+this.MSG_TAX_RESULT2+"
";var c=KJE;if(b){a=KJE.replace("AVERAGE_TAX_RATE",c.percent(this.AVERAGE_TAX_RATE,2),a);a=KJE.replace("LINE_22_TOTAL_INCOME",c.dollars(this.LINE_22_TOTAL_INCOME),a);a=KJE.replace("LINE_64_TOTAL_PAYMENTS",c.dollars(this.LINE_64_TOTAL_PAYMENTS),a);a=KJE.replace("REFUND_OR_OVERPAYMENT_TEXT",this.REFUND_OR_OVERPAYMENT_TEXT,a);a=KJE.replace("REFUND_OR_OVERPAYMENT_AMT",c.dollars(this.REFUND_OR_OVERPAYMENT_AMT),a);a=KJE.replace("BRACKET_TAX_RATE",c.percent(this.BRACKET_TAX_RATE,2),a);a=KJE.replace("LINE_56_TOTAL_TAX",c.dollars(this.LINE_56_TOTAL_TAX),a)}return a};KJE.Tax1040Calc.prototype.getGraphTitleMargin=function(b){var a="";if(b){a=this.MARGINAL_TEXT1+""+this.MARGINAL_TEXT2+"
"}else{a=this.MSG_MARGINAL_TEXT1+""+this.MSG_MARGINAL_TEXT2+"
"}return a};KJE.Tax1040Calc.prototype.formatGraph=function(b,c){var a=KJE.replace("LINE_56_TOTAL_TAX",KJE.dollars(this.LINE_56_TOTAL_TAX),this.MSG_TAX_RESULT_REPORT);c[0].setTitle(a);c[0].setTitleGraph(a);c[0].show(true);c[0].paint()};KJE.Default.MEDICARE_UNEARNED_RATE=0.038;KJE.Default.MEDICARE_INCOME_RATE=0.009;KJE.Default.MEDICARE_SURTAX_BEGIN=[250000,200000,200000,125000,250000];KJE.CalcName="Marginal Tax Rate Calculator 2015";KJE.CalcType="TaxMargin2015";KJE.CalculatorTitle="Marginal Tax Rate Calculator for 2015";KJE.parseInputs=function(a){var c=KJE.getDropBox("DEPENDANTS_STATUS",KJE.parameters.get("DEPENDANTS_STATUS",0),[0,1,2],[KJE.parameters.get("MSG_DEPENDANTS_STATUS1","No."),KJE.parameters.get("MSG_DEPENDANTS_STATUS2","Yes."),KJE.parameters.get("MSG_DEPENDANTS_STATUS3","Both myself and my spouse.")]);a=KJE.replace("**DEPENDANTS_STATUS**",c,a);var b=KJE.getDropBox("LINE_1_FILING_STATUS",KJE.parameters.get("LINE_1_FILING_STATUS",KJE.Default.iMFJ),KJE.Default.FILING_STATUS_ID,KJE.Default.FILING_STATUS_DESC);a=KJE.replace("**LINE_1_FILING_STATUS**",b,a);return a};KJE.initialize=function(){KJE.CalcControl=new KJE.Tax1040Calc();KJE.GuiControl=new KJE.TaxMargin(KJE.CalcControl)};KJE.TaxMargin=function(f){var e=KJE;var c=KJE.gLegend;var b=KJE.inputs.items;KJE.DollarSlider("LINE_7_WAGES_SALARIES_TIPS_ETC","Wages, salaries, tips, etc",0,10000000,0,0,4);KJE.NumberSlider("LINE_6C_DEPENDANTS","Number of additional dependents",0,99,0);KJE.NumberSlider("LINE_6C_DEPENDANTS_QUALIFYING_FOR_CHILD_TAX_CREDIT","Dependents qualifying for child tax credit",0,99,0);KJE.DollarSlider("LINE_36_ITEMIZED_DEDUCTIONS","Itemized deductions",0,1000000,0,0,3);KJE.DropBox("DEPENDANTS_STATUS","Are you someone's dependent?");KJE.DropBox("LINE_1_FILING_STATUS","Filing status");var a=KJE.gNewGraph(KJE.gCATEGORIES,"GRAPH1",true,false,KJE.colorList[1],f.getGraphTitleMargin());a._legend._iOrientation=c.TOP_RIGHT;a._axisY.setFormat(e.FMT_PERCENT);a._legend.setVisible(false);a._showItemLabel=true;a._axisX._fSpacingPercent=0.33;a._showItemLabelFmt=e.FMT_PERCENT;a._bPopDetail=true;a._showLabelFactor=false;var d=KJE.parameters.get("MSG_DROPPER_TITLE","Marginal tax inputs:");KJE.addDropper(new KJE.Dropper("INPUTS",true,d,d),KJE.colorList[0])};KJE.TaxMargin.prototype.setValues=function(b){var a=KJE.inputs.items;if(a.LINE_6C_DEPENDANTS_QUALIFYING_FOR_CHILD_TAX_CREDIT._inputType==KJE.TypeNone){b.LINE_6C_DEPENDANTS_QUALIFYING_FOR_CHILD_TAX_CREDIT=b.LINE_6C_DEPENDANTS}else{b.LINE_6C_DEPENDANTS_QUALIFYING_FOR_CHILD_TAX_CREDIT=a.LINE_6C_DEPENDANTS_QUALIFYING_FOR_CHILD_TAX_CREDIT.getValue()}b.LINE_1_FILING_STATUS=a.LINE_1_FILING_STATUS.getValue();b.LINE_36_ITEMIZED_DEDUCTIONS=a.LINE_36_ITEMIZED_DEDUCTIONS.getValue();b.setDependantStatus(Math.round(a.DEPENDANTS_STATUS.getValue()),a.LINE_6C_DEPENDANTS.getValue());b.LINE_7_WAGES_SALARIES_TIPS_ETC=a.LINE_7_WAGES_SALARIES_TIPS_ETC.getValue()};KJE.TaxMargin.prototype.refresh=function(e){var d=KJE;var c=KJE.gLegend;var b=KJE.inputs.items;var a=KJE.gGraphs[0];a.setTitle(e.getGraphTitleMargin(true));a.removeAll();a.setGraphCategories(e.sGraphCats);a.add(new KJE.gGraphDataSeries(e.fGraphCats,"Rate",a.getColor(1)));if(e.MARGINAL_TAX_RATE>0.45){a._axisY._bAutoMaximum=true;a._axisY._axisMaximum=0}else{a._axisY._bAutoMaximum=false;a._axisY._axisMaximum=0.45}a.paint()};KJE.Tax1040Calc.prototype.formatGraph=function(b,c){var a=KJE.replace("LINE_56_TOTAL_TAX",KJE.dollars(this.LINE_56_TOTAL_TAX),this.MSG_MARGINAL_TEXT1);c[0].setTitle(a);c[0].setTitleGraph(a);c[0].show(true);c[0].paint()};KJE.InputScreenText=" **GRAPH1** ";KJE.DefinitionText=" Federal Income Tax Rates**TAXTABLE_2015_DEFINITION**
Wages, salaries, tips, etc.This is your total income for the year. To keep things simple this calculator assumes this is your net income, after deductions for retirement contributions such as 401(k)s, IRAs, etc. Filing statusChoose your filing status. Your filing status determines the income levels for your Federal tax bracket. It is also important for calculating your standard deduction, personal exemptions, and deduction phase out incomes. The table below summarizes the five possible filing status choices. It is important to understand that your marital status as of the last day of the year determines your filing status.
Married Filing Jointly | If you are married, you are able to file a joint return with your spouse. If your spouse died during the tax year, you are still able to file a joint return for that year. You may also choose to file separately under the status \"Married Filing Separately\". |
Qualified Widow(er) | Generally, you qualify for this status if your spouse died during the previous tax year (not the current tax year) and you and your spouse filed a joint tax return in the year immediately prior to their death. You are also required to have at least one dependent child or stepchild for whom you are the primary provider. |
Single | If you are divorced, legally separated or unmarried as of the last day of the year you should use this status. |
Head of Household | This is the status for unmarried individuals that pay for more than half of the cost to keep up a home. This home needs to be the main home for the income tax filer and at least one qualifying relative. You can also choose this status if you are married, but didn't live with your spouse at anytime during the last six months of the year. You also need to provide more than half of the cost to keep up your home and have at least one dependent child living with you. |
Married Filing Separately | If you are married, you have the choice to file separate returns. The filing status for this option is \"Married Filing Separately\". |
For 2015, the standard deductions are $12,600 for married couples filing jointly, $6,300 for married couples filing separately and singles, and $9,250 for heads of household.
Are you someone's dependent?Choose 'no' if no one can claim you or your spouse as a dependent. Choose 'yes' if someone can claim you as a dependent. Choose 'both you and your spouse if you both are dependents. (You are a dependent if someone supports you and can claim a dependency exemption for you.) Number of additional dependentsA dependent is someone you support and for whom you can claim a dependency exemption. In 2014, each dependent you claim entitles you to receive a $4,000 reduction in your taxable income. Dependents qualifying for child tax creditYou may be entitled to a child tax credit for each qualifying child who was under age 17 at the end of the year if you claimed an exemption for that child. The credit is, however, phased out at higher incomes. Itemized deductionsThis is the total of your itemized deductions that you can include on schedule A of your Federal income taxes. For most people this includes state income taxes paid for the year, interest on a mortgage and any charitable contributions. Other itemized deductions include certain investment expenses, medical expenses exceeding 7.5% of your adjusted gross income, and some moving expenses.Your standard deduction will be automatically calculated for you based on the filing status and number of dependents you enter. If the number you enter here is lower, your standard deduction will be used to determine your average tax rate.
";KJE.ReportText=' Your average tax rate is AVERAGE_TAX_RATE of your total income of LINE_7_WAGES_SALARIES_TIPS_ETC. Your income puts you in the BRACKET_TAX_RATE tax bracket. Your total federal income taxes are estimated at LINE_56_TOTAL_TAX. **GRAPH** Marginal tax rate | MARGINAL_TAX_RATE |
Average tax rate | AVERAGE_TAX_RATE |
Income tax bracket | BRACKET_TAX_RATE |
---|
Based on your filing status, incomes over EX_START_PHASE_OUT begin having their personal exemptions phased out. In addition, itemized deductions begin to be phased out at ITEMIZED_REDUCTION_STARTS. The child tax credit of CHILD_TAX_CREDIT_AMT per child begins to be phased out at CHILD_TAX_PHASE_OUT. This increases your tax bill, and your marginal tax rate. For example, if you earn an additional MARGINAL_TAX_INCREMENT you will owe income taxes at a MARGINAL_TAX_RATE marginal tax rate.
You should use your average tax rate when estimating your total tax liability for a year. For example, if you are planning your retirement and wish to estimate your tax liability for an entire year, you should use your average tax rate. Your marginal tax rate is useful when calculating taxes on additional income, such as the taxes on a windfall or a year end bonus. You can also use your actual tax bracket for these calculations, although it does not take the phase out of any tax deductions into account. Wages, salaries, tips, etc | LINE_7_WAGES_SALARIES_TIPS_ETC |
Filing status | LINE_1_FILING_STATUS |
Personal exemption | LINE_6A_PERSONAL_EXEMPTION |
Spouse exemption | LINE_6B_SPOUSE_EXEMPTION |
Number of additional dependents | LINE_6C_DEPENDANTS |
Dependents qualifying for child tax credit | LINE_6C_DEPENDANTS_QUALIFYING_FOR_CHILD_TAX_CREDIT |
Itemized deductions | LINE_36_ITEMIZED_DEDUCTIONS |
Itemized deductions after phase out ( for LINE_1_FILING_STATUS Filers with incomes over ITEMIZED_REDUCTION_STARTS.) | ADJUST_ITEMIZED_DEDUCTIONS |
Standard deduction | LINE_36_STANDARD_DEDUCTION |
Deduction to use (higher of itemized deductions and standard deduction) | LINE_36_DEDUCTION_TO_USE |
Deduction for exemptions (including phase out for LINE_1_FILING_STATUS Filers with incomes over EX_START_PHASE_OUT.) | LINE_38_DEDUCTION_FOR_EXEMPTIONS |
Taxable income | LINE_39_TAXABLE_INCOME |
Child tax credit (including phase out for LINE_1_FILING_STATUS Filers with incomes over CHILD_TAX_PHASE_OUT.) | LINE_43_CHILD_TAX_CREDIT |
Additional child tax credit (refundable)
| ADDITIONAL_CHILD_TAX_CREDIT |
Medicare tax sur-tax on earned income | MEDICARE_INCOME_SURTAX (MEDICARE_INCOME_RATE X MEDICARE_INCOME_AMT) |
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