Difference between revisions of "Tax bracket interpolation"
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Latest revision as of 08:24, 17 January 2023
Example model
Description: Computes amount of tax due from taxable income for a 2017 US Federal tax return. To match the IRS's numbers exactly, it is necessary to process tax brackets correctly as well as implementation a complex mix of rounding rules that reproduce the 12 pages of table lookups from the Form 1040 instructions. This model is showcased in a blog article, How to simplify the IRS Tax Tables.
Author: Lonnie Chrisman, Lumina Decision Systems
Download: Tax bracket interpolation 2021.ana
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