State tax Calculaton for South Carolina
I have gotten much out of the use of ESPlanner over the years, so thanks!
The federal tax calculation have always been spot on to my actuals, when I account for differences in Cap Gains and Interest. However, I have never been able to reconcile the state tax. In SC the taxable amount equals: Fed taxable amount plus Munis that were not taxed by the feds, minus, taxable SS, minus 529 contributions, minus 44% of LTCG and minus $30,000 for a couple filing as age 65 or older. Whether I set the Muni percentage (Assumption tab, taxes) to zero, 100% or in between I still can't get the numbers to reconcile. Am I missing something?