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Tax Worksheet - Change medical deduction from 7.5% to 10% RRS feed

  • Question

  • Is there a way in the tax worksheet under medical deductions to change the 7.5% formula to 10%?

    Saturday, July 5, 2014 10:23 AM

Answers

  • Thanks for your suggestion.  This is perhaps the best answer.  After all, the tax worksheet provides only an estimate, and I ship the tax totals provided in MS Money to a spreadsheet template where the formulas can be manipulated as needed per changes in tax rules.  Utilizing the two tools together one gets closer to the real tax.

    • Marked as answer by McPeak Tuesday, July 8, 2014 11:37 AM
    Tuesday, July 8, 2014 11:36 AM

All replies

  • I don't think that the medical deduction threshold is accessible in any of the Money customization settings.  This older thread:

    http://social.microsoft.com/Forums/en-US/63aaf2d5-2fa5-4a77-9f58-0e1487377b81/2013-tax-rate-setting?forum=money

    discusses which settings can be customized.  The Sunriise project:

    http://sunriise.sourceforge.net/

    was developing a set of tools to access the Money database directly.  Such a tool might enable a change to the medical deduction threshold, but I haven't seen any recent mention of that tool or its ongoing development.


    Bill Becker

    Saturday, July 5, 2014 8:47 PM
  • Thanks for your suggestion.  This is perhaps the best answer.  After all, the tax worksheet provides only an estimate, and I ship the tax totals provided in MS Money to a spreadsheet template where the formulas can be manipulated as needed per changes in tax rules.  Utilizing the two tools together one gets closer to the real tax.

    • Marked as answer by McPeak Tuesday, July 8, 2014 11:37 AM
    Tuesday, July 8, 2014 11:36 AM