Reset    Recalculate    Zoom    TaxCalc by Stauder, Barch & Associates, Inc. ┬ęCopyright 2005  
Stauder, Barch & Associates, Inc.
Public Financial Consultants
3989 Research Park Drive
Ann Arbor, Michigan, 48108
Phone: 734-668-6688 E-mail: info@stauderbarch.com
INTRODUCTION
> TaxCalc estimates the after-tax impact on homestead > The homestead tax credit is reduced by 10% for each $1,000
    property for bonding proposals supported by millage.    of household income that exceeds $41,000.
> Property tax adjustments affect the amount of homestead > The maximum homestead tax credit is $1,200.
    property tax credit (if applicable) for state income tax. > TaxCalc also considers the impact of property tax deductions
    on federal income tax by estimating the marginal tax bracket.
> The homestead tax credit applies to homestead property
     with Taxable Value of $135,000 or less and > This program considers most of the factors that influence
     households with incomes less than $50,000 which pay     the tax impact. It does make a few assumptions.
      at least 3.50% of household income in property taxes.
Click here for Assumptions and Entry Form > << Page 2 >>