Originally posted by Cow Poke
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Actually, it's the number of paydays that we do need. We're trying to estimate the MAGI or at least the AGI for people who've started or stopped jobs mid-year, or who held jobs in only part of the year. The system's calculator is useless - it multiplies as if the job began in January no matter what you tell it or it pulls last year's income from the previous application and inserts it as if it were still the correct income even if we've already changed something. It makes it a royal pain for folks who had breaks or changes in employment. I'm tired of having to count backwards on the calendar to try and work it out.
EG: Bob worked for McDonalds from January to March. He went to school from April to June then began working at Kohl's from mid-June to present. The stupid thing will multiply McD's as if Bob were working there the whole time. Then it will do the same to Kohl's in the block that matters but may or may not properly subtract the period from Jan to mid-June.
I want to be able to plug in the numbers and get a reasonable result. It doesn't have to be perfect but it can't be off by more than 1 - 2 %.
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