Daley Ponderings

The IRS hasn't published their calculator yet, and I have been reading about lots of people trying to figure out what to do with line 70 on their 1040 (ie. the famous RRC that is causing probably more time wasted than was worth the money that was sent out last year.

So, I wrote a calculator this morning.  I went through a bunch of cases, so I think I got all of them, but of course, who knows, with all of the tax tricks, etc. if my understanding of the credit is how it actually works.

And if the IRS ever gets around to actually publishing their calculator, it will presumably be better than mine.  Have fun.