The CCH 2013 Fiscal Cliff Estimator allows you to enter your taxable income (2011 Form 1040, Line 43), your long-term capital gains, and your dividend income to determine how the different tax proposals currently on the table may affect your tax liabilities. Taxable income is approximately your adjusted gross income after taking into account your deductions and personal exemptions. In addition, the estimator provides key facts about each proposal and how that may affect your taxes. As discussions continue regarding the expiring tax provisions, key facts may change.
The estimator is based off of current CCH projections and estimates and should not be used for tax preparation purposes.