If you cared to hack the EITC, here’s how you should target your taxable income: Kids Doesn’t handle phasing in/out of TIRA contributions.Known limitations of the spreadsheet (all of which I’ll update in the future): Standard vs Itemized deduction (mortgage interest, charitable contributions, etc).Married Filing Jointly or Single Filers (No head of household yet).

If you want to experiment with the 2018 version (the one that captures all the new tax law stuff), you can download that version here. You can download the updated 2017 version here. The (imperfect and incomplete) draft can be downloaded here.***Ī friend of mine told me that TaxCaster was now updated to 2017 values, so I suppose it is time to update my spreadsheet as well. The book discusses wealth accumulation strategies, of which tax minimization is a key component. *** If you care to learn deeply about the tax code, I have begun writing a book which contains everything I know on the topic. 2022 Edit - Find my updated calculators here:

Taxcaster