How to use this tool
Check the units, enter your values, and run the tool. Results follow the assumptions and method below.
Calculation method
max(0,2200*children-50*ceil(max(0,magi-(joint == 1 ? 400000 : 200000))/1000))min(limit,max(0,2200*children-50*ceil(max(0,magi-(joint == 1 ? 400000 : 200000))/1000)))min(max(0,2200*children-50*ceil(max(0,magi-(joint == 1 ? 400000 : 200000))/1000))-min(limit,max(0,2200*children-50*ceil(max(0,magi-(joint == 1 ? 400000 : 200000))/1000))),1700*children,0.15*max(0,earned-2500))