Flexible Retirement Planner Support Forum

Please help resolve my confusion regarding annual Taxes earned/paid on the Taxable Portfolio:

1. Is the amount of Taxes on the Taxable Portfolio set by the "Investment Tax Rate" OR "Income Tax Rate"?

2. This above rate is applied to the Taxable Portfolio amount each year, correct?

3. Annual taxes on the Taxable Portfolio Should OR Should Not be included by any Annual Expenses set by the User?

4. Are the annual taxes paid: a] deducted from the Taxable Portfolio Value each year OR b] shown as an expense?

5. In what column in the Detail View are the annual taxes paid from #1 and 2 above shown and/or numerically included?

Thanks!

2tt2tt wrote: ↑Wed Jul 19, 2023 9:00 am1. Is the amount of Taxes on the Taxable Portfolio set by the "Investment Tax Rate" OR "Income Tax Rate"?

Investment tax rate

2. This above rate is applied to the Taxable Portfolio amount each year, correct?

The rate is applied to all gains on the taxable portfolio each year. The taxable portfolio is carried at a 100% cost basis.

3. Annual taxes on the Taxable Portfolio Should OR Should Not be included by any Annual Expenses set by the User?

should not

4. Are the annual taxes paid: a] deducted from the Taxable Portfolio Value each year OR b] shown as an expense?

Taxes are deducted from annual gains before the gains are reinvested.

5. In what column in the Detail View are the annual taxes paid from #1 and 2 above shown and/or numerically included?

In the detailed view, if you select the show more detail radio button, then right click on any column header and select "show all columns" to see the amount of taxes paid on portfolio growth

Thank you!