This calculator will take your anticipated income and itemized deductions for the current year and project your tax savings as a result of the 2001 Tax Relief Reconciliation Act over the next 10 years. The income and bracket amounts have not been adjusted for inflation, so you are comparing all results in current dollars. Obviously, when 2010 arrives, both your income and your tax savings will be higher than the amounts shown here due to inflation.
Please keep in mind that this calculator is for estimating purposes only. If you would like a more detailed analysis of your tax situation under the Relief Act, please contact our office.
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NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields (dollar signs and other non-numeric characters will cause a JavaScript error).
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