Message from My 1st Million At
If you cannot load the java code, download JRE from
This tax calculator is EXACT for 2005. I have updated most of the 2006
tax numbers also. The latest 2006 AMT exemption amount has been put
in. The widow
filing status is still not available. State taxes are not finished yet.
The current plan is to support California state tax first. Using this
calculator, you can under-withhold your tax without triggering
under-payment tax penalty.
Things not fixed yet:
1. Home owning benefit
does not include state tax benefit, but only federal tax benefit.
Can't show line # in the tax forms yet.