Excluding the finer points like different tax rate for Ordinary vs.
Qualified Dividends, I can actually get very good results with Tax
Estimator. Of course, it took lots of time and energy auditing how Tax
Estimator was working to and then polishing my data to get in sync with it.
That's how I tumbled onto this issue in the first place.

"Mark Horn" <mark-d-1105721767.8aba93[at]hornclan.com> wrote in message
news:slrncudamn.qlc.mark-d-1105721767.8aba93[at]home.hornclan.com...
- quote -

On 2005-01-13, Dick Watson <littlegreengecko[at]mind-enufalready-spring.com> wrote:
- quote -

Interesting. Your link suggests that Tax Estimator will
underestimate your actual income. Which would result in Tax
Esitmator thinking that you should get a larger refund than you
really should get. In other words, setting up 401(k) matching
as I have should result in Tax Estimator being too optimistic.
The correction that you suggest, will make Tax Estimator a bit
more pessimistic.

The problem that I have with Tax Estimator is that Tax Estimator is
already too pessimistic. And that's with the 401(k) set up as it is.
Tax Estimator almost always estimates that I'm going to end up
owing a few hundred dollars. But for the past 3 years, when I did
my taxes in TaxCut, I've received a significant refund.

My conclusion is that Tax Estimator isn't very good at its job.
I'm not going to do anything to make it more pessimistic than
it already is.

Thanks for the reference,
- Mark

I believe you will find that putting it on the wages tab/before taxes tab
will distort the wages in Tax Estimator, depending on how you setup "Wages &
Salary: Employer Matching". See
http://groups-beta.google.com/group/...42b83de8748a9a
for more discussion on why the FAQ recommends what it recommends.

"Mark Horn" <mark-d-1105716086.7d45ca[at]hornclan.com> wrote in message
news:slrncud575.q2d.mark-d-1105716086.7d45ca[at]home.hornclan.com...
- quote -

On 2005-01-09, Dick Watson <littlegreengecko[at]mind-enufalready-spring.com> wrote:
- quote -

That FAQ entry suggests that you enter two lines in the After-Tax
tab. The first one is a negative deduction, and the second one is
transfer of that money into the 401(k) account.

I've been following the advice given in the online help. I created
an entry in the Wages tab for the amount of the match. That line
gets categorized as 'Wages & Salary: Employer Matching'. Then in
the Before-Tax tab, I put the transfer to my 401(k) account.

Is there some reason I shouldn't be doing it this way?

There's no setting since there's no automatic generation of transactions.
See http://umpmfaq.info/faqdb.php?q=14. You have account for the
contributions and then account for their investment.

"Tony Lisanti" <ajlisanti[at]optonline.net> wrote in message
news:0af2u0toljns01slqm6uc64u0vmci2rsnl[at]4ax.com...
- quote -

I have a question on setting up a 401k with employer
contributions in money'05. My employer matches up to 5%. I see a
setting in the account that refers to matching, but I don't see where
I could add the percentage that my employer will match. Can anyone
tell me where I can find this?


Tony