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October 26, 2021 17:52
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| ===== REPAYE - Non-PSLF ===== | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 67811 | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 41480 | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 5390 | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 64549 | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 49083 | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 5950 | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 70504 | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 51396 | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 5632 | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 71361 | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 53033 | |
| Loan forgiven after payment 276. Estimated year: 2044 Original Loan amount: 3127 | |
| Loan forgiven after payment 276. Estimated year: 2044 Original Loan amount: 3625 | |
| Loan forgiven after payment 276. Estimated year: 2044 Original Loan amount: 7541 | |
| Loan forgiven after payment 276. Estimated year: 2044 Original Loan amount: 5488 | |
| Loan forgiven after payment 265. Estimated year: 2043 Original Loan amount: 5303 | |
| Loan forgiven after payment 265. Estimated year: 2043 Original Loan amount: 2835 | |
| Loan forgiven after payment 265. Estimated year: 2043 Original Loan amount: 1936 | |
| Loan forgiven after payment 265. Estimated year: 2043 Original Loan amount: 1562 | |
| Loan forgiven after payment 265. Estimated year: 2043 Original Loan amount: 496 | |
| Loan forgiven after payment 265. Estimated year: 2043 Original Loan amount: 194 | |
| Loan forgiven after payment 265. Estimated year: 2043 Original Loan amount: 5356 | |
| Loan forgiven after payment 265. Estimated year: 2043 Original Loan amount: 3162 | |
| Year: 2043 | |
| Wage Income (average): 561836.44 | |
| 1099C income: 13202.33 | |
| Total income: 575038.76 | |
| Estimated Tax Rate: 37.992% | |
| Tax Liability: 5015.82 | |
| Year: 2044 | |
| Wage Income (average): 589928.26 | |
| 1099C income: 7905.91 | |
| Total income: 597834.16 | |
| Estimated Tax Rate: 38.194% | |
| Tax Liability: 3019.61 | |
| Year: 2046 | |
| Wage Income (average): 650395.90 | |
| 1099C income: 384160.48 | |
| Total income: 1034556.38 | |
| Estimated Tax Rate: 40.350% | |
| Tax Liability: 155007.20 | |
| Total Tax Liability: 163042.62 | |
| Weighted Tax Rate: 40.237% | |
| ===== PAYE - Non-PSLF ===== | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 67811 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 41480 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 5390 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 64549 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 49083 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 5950 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 70504 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 51396 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 5632 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 71361 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 53033 | |
| Loan forgiven after payment 216. Estimated year: 2039 Original Loan amount: 3127 | |
| Loan forgiven after payment 216. Estimated year: 2039 Original Loan amount: 3625 | |
| Loan forgiven after payment 216. Estimated year: 2039 Original Loan amount: 7541 | |
| Loan forgiven after payment 216. Estimated year: 2039 Original Loan amount: 5488 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 5303 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 2835 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 1936 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 1562 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 496 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 194 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 5356 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 3162 | |
| Year: 2038 | |
| Wage Income (average): 440213.55 | |
| 1099C income: 19417.78 | |
| Total income: 459631.33 | |
| Estimated Tax Rate: 36.969% | |
| Tax Liability: 7178.52 | |
| Year: 2039 | |
| Wage Income (average): 462224.23 | |
| 1099C income: 15130.88 | |
| Total income: 477355.10 | |
| Estimated Tax Rate: 37.130% | |
| Tax Liability: 5618.04 | |
| Year: 2041 | |
| Wage Income (average): 509602.21 | |
| 1099C income: 556342.78 | |
| Total income: 1065944.99 | |
| Estimated Tax Rate: 40.436% | |
| Tax Liability: 224965.41 | |
| Total Tax Liability: 237761.96 | |
| Weighted Tax Rate: 40.254% | |
| ===== IBR - Non-PSLF ===== | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 5390 | |
| Loan forgiven after payment 300. Estimated year: 2046 Original Loan amount: 64549 | |
| Loan forgiven after payment 265. Estimated year: 2043 Original Loan amount: 2835 | |
| Loan forgiven after payment 265. Estimated year: 2043 Original Loan amount: 496 | |
| Loan forgiven after payment 265. Estimated year: 2043 Original Loan amount: 3162 | |
| Year: 2043 | |
| Wage Income (average): 561836.44 | |
| 1099C income: 1677.71 | |
| Total income: 563514.15 | |
| Estimated Tax Rate: 37.883% | |
| Tax Liability: 635.57 | |
| Year: 2046 | |
| Wage Income (average): 650395.90 | |
| 1099C income: 15443.15 | |
| Total income: 665839.05 | |
| Estimated Tax Rate: 38.716% | |
| Tax Liability: 5978.93 | |
| Total Tax Liability: 6614.51 | |
| Weighted Tax Rate: 38.636% | |
| ===== IBR (New) - Non-PSLF ===== | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 67811 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 41480 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 5390 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 64549 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 49083 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 5950 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 70504 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 51396 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 5632 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 71361 | |
| Loan forgiven after payment 240. Estimated year: 2041 Original Loan amount: 53033 | |
| Loan forgiven after payment 216. Estimated year: 2039 Original Loan amount: 3127 | |
| Loan forgiven after payment 216. Estimated year: 2039 Original Loan amount: 3625 | |
| Loan forgiven after payment 216. Estimated year: 2039 Original Loan amount: 7541 | |
| Loan forgiven after payment 216. Estimated year: 2039 Original Loan amount: 5488 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 5303 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 2835 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 1936 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 1562 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 496 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 194 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 5356 | |
| Loan forgiven after payment 205. Estimated year: 2038 Original Loan amount: 3162 | |
| Year: 2038 | |
| Wage Income (average): 440213.55 | |
| 1099C income: 19417.78 | |
| Total income: 459631.33 | |
| Estimated Tax Rate: 36.969% | |
| Tax Liability: 7178.52 | |
| Year: 2039 | |
| Wage Income (average): 462224.23 | |
| 1099C income: 15130.88 | |
| Total income: 477355.10 | |
| Estimated Tax Rate: 37.130% | |
| Tax Liability: 5618.04 | |
| Year: 2041 | |
| Wage Income (average): 509602.21 | |
| 1099C income: 556342.78 | |
| Total income: 1065944.99 | |
| Estimated Tax Rate: 40.436% | |
| Tax Liability: 224965.41 | |
| Total Tax Liability: 237761.96 | |
| Weighted Tax Rate: 40.254% |
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Weighted Tax Rate here is totally wrong