Tax Equivalents

In 2014 I wrote a post and Excel workbook called Tax Calculators, in which I described some of the calculations I had run across during my career. One of the sheets was a taxable equivalent sheet. The sheet was full of tables describing various equations for different equivalent rates. The sheet was bloated and even I had trouble looking for the right calculation. I ran across a calculator by Jonathan Ping, that was much simpler and easier to understand. Also, my calculations all assumed the reader itemized their tax returns and Jonathan’s gave the option for not itemizing. I replaced the old sheet with a new calculator. The new calculator looks like this:

Download: Taxes

Don Pistulka
Don Pistulka

Retired Credit Union CFO - Finance
Background: over 40 years in investments, asset/Liability management, banking, securities trader.
Worked for: California Credit Union, WesCorp, CalFed S&L, Crocker Bank, Carroll McEntee, Federal Home Loan Bank Board (D.C.), Western Asset Management, Security Pacific National Bank.

Leave a Reply

Your email address will not be published. Required fields are marked *