Quote:
Originally Posted by b.u.ti-ful  I just pulled out my 1999 1040 book and tax for single making $30,000 was $5060.
The 2007 1040 book says single making $30,000 tax is $4113.
Are you getting different numbers due to child tax credits? |
Good catch - the numbers are from the tax tables, but there are additional considerations that are fair. I was digging further as well, and found revisions. I corrected my original post above. I would encourage you to read the last link I posted, for more analysis on the impact of the expiration of the cuts - it's pretty major. That article was published in 2002, but the calculations have not changed.