Flexible Retirement Planner Support Forum

Just to make sure I understand how it works...

If I enter a Misc Income cash flow with a Taxable Percent of 50%, and my Income Tax Rate is 30%, that cash flow will be taxed at 15%. Is that right?

I can't think what this parameter would be useful for. Can you give an example of how it might be used?

Thanks.

Yes, that's how it works.

Many types of retirement income are taxable or partly taxable (eg most pensions, SS benefits for some). This feature takes a gross income amount and calculates the net automatically.

Thanks. I understand.