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by MaxGhenis
1458 days ago
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SmartAsset is only a rough approximation based on standard deductions/exemptions and the rate structure. It excludes tax credits and other provisions that make taxsim much more accurate, especially for low-income households. |
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Anyway taxsim is obviously the more complete tool, but without local income taxes it's unusable for many people like me who live in a state that has local income taxes too.