Hi I am not sure what to input in the "Taxable Percent" box under the additional income cash flow section. I thought it was the percent of that income that would be subject to income tax but that does'nt seem to work out correctly.
If you could clarify this for me I would love it.
Thank you Ron
What is "taxable percent" on the additional input panel for?
Re: What is "taxable percent" on the additional input panel for?
Ron,
Thanks for trying out the planner...
The taxable percent box under the additional income cash flow section allows you to specify what percent of the income amount is subject to income taxes.
Each year, the taxable part of the cash flow will be reduced by the income tax rate that's in effect for that year.
Please let me know if that answers your questions.
Regards,
Jim
Thanks for trying out the planner...
The taxable percent box under the additional income cash flow section allows you to specify what percent of the income amount is subject to income taxes.
Each year, the taxable part of the cash flow will be reduced by the income tax rate that's in effect for that year.
Please let me know if that answers your questions.
Regards,
Jim
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