Federal Tax Calculations

Submitted by james300@comcast.net on Thu, 03/17/2016 - 14:22

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For a married couple, does ESPlanner use the "Married Filing Jointly" tax tables or does it also calculate "Married Filing Separately" and then selects the lower tax option?
Thanks
James

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dan royer's picture

dan royer

Fri, 03/18/2016 - 09:36

It uses Married Filing

It uses Married Filing Jointly.

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jtrubow

Thu, 11/03/2016 - 10:25

If a client is married but

If a client is married but filing separately, how do we indicate this in ESPlanner? Do we use the partnered radio button when setting up the family?

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Scott C.

Sat, 04/22/2017 - 14:15

Hello - I too would

Hello - I too would appreciate an answer to this question! Is there a workaround if I want to indicate Married filing separately?

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dan royer's picture

dan royer

Sat, 04/22/2017 - 23:06

I'll have to ask on that one.

I'll have to ask on that one.

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Mike OConnor

Mon, 04/24/2017 - 11:01

ESPlanner uses married filing

ESPlanner uses married filing jointly for all married couples, it does not support married filing separately.
Selecting partnered will calculate taxes as 2 single people.

You'd need to calculate married filing separately on the side and use special expenses or receipts to adjust ESPlanner's tax calculations.

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