I know it’s hard for any sort of template spreadsheet to model every scenario, but I’m wondering if anyone has come across a decent tax planning sheet that might get me *most* of the way there.
I’ve tried running sample scenarios through turbo tax, but it becomes cumbersome to test different scenarios and I’m not sure I’m entering things correctly. Iorp doesn’t seem to have what I’m looking for either.
We have most of our assets in taxable accounts, but I’m trying to look at managing income for aca and better understand what SS and RMD will do to our tax rate. I feel like this is the one area that I don’t have a great handle on and could end up being a big dollar amount given our projected spend.
Any pointers in the right direction would be helpful.
I’ve tried running sample scenarios through turbo tax, but it becomes cumbersome to test different scenarios and I’m not sure I’m entering things correctly. Iorp doesn’t seem to have what I’m looking for either.
We have most of our assets in taxable accounts, but I’m trying to look at managing income for aca and better understand what SS and RMD will do to our tax rate. I feel like this is the one area that I don’t have a great handle on and could end up being a big dollar amount given our projected spend.
Any pointers in the right direction would be helpful.