Overview: Financial Calculator Update 3/31/2013
Overview: Financial Calculator Update 3/31/2013
The quarterly update for 3/31/2013 is a targeted update, affecting primarily tax calculators such as the Tax 1040, 1040EZ and Marginal Tax Rate calculators. If you do not have any tax calculators, or do not require the enhancements listed in the notes below at this time, you may safely skip this update.
If you have not updated your calculators recently you should definitely refresh your existing calculator pages. All updates are cumulative, so if you start fresh with this update, you will have all previous calculator updates as well. If you would like, you can review our 12/31/2012 update: 12/31/2012 Update.
If you wish to upgrade to V3 please email use us at:
Version 3 (V3) Calculator Updates
For more detailed information please see our frequently asked questions: FAQ
V3 calculators use JavaScript, HTML5 and CSS to display and run the calculators. There is no longer a requirement for the Java-Plugin. Upgrading to the V3 calculators has been made as easy as possible. All HTML pages retain their original name and extension to prevent broken links. Your download package will indicate V3 if you have upgraded your calculators.
The V3 upgrade is a complete replacement of all underlying code. In addition, the minimum browser requirement for V3 is IE7. If you recieved a download notice, it will clearly state your calculator version.
V3 Calculator release notes:
- As of 12/31/2012 standard U.S. English calculators have been upgraded to V3.
- As of 3/31/2013 Canadian Calculators in English have been upgraded to V3.
- French Canadian and Spanish calculators are pending conversion in Q2 2013 and remain in V2 for this update
- Version 2 (V2) and V3 can run together from the same server in the same directory. Packages that have been upgraded to V3 that have calculators that are not yet available in the new version, will have the V2 calculators included in their download package.
- If you have a custom calculator that you would like upgraded please contact us for pricing and instruction.
If you wish to upgrade to V3 please email use us at:
Update Instructions
For more detailed information please see our frequently asked questions: FAQ
- Download the latest version of your calculators from your download site, found on your update e-mail notice.
- Execute the Calc.exe file from your download. This is a self-extracting zip file. (Or unzip the Calc.zip file if you are using a non-windows platform.) If you see a warning message, you can safely continue. When prompted for a directory, you may use the default or enter your own. It is recommended that you extract the update to a new directory and then move the required files to your production or staging environment. One directory will be created with no subdirectories.
- For V2 Support
- Replace dinkytown.jar file. This is for V2 support, if you do not have any V2 calculators you will not have a dinkytown.jar file.
- Replace files with the extension "class". This is for V2 support, if you do not have any V2 calculators you will not have any "class" files
- Make required changes to any HTML documents as described in this document or replace all of your existing HTML documents and re-apply your web-site custom changes. (NOTE: V3 does will not require any manual edits for HTML changes, all text and content updates are contained in the JS files.)
- For V3 Support
- Replace all files with extenstion .js except KJESiteSpecific.js. IMPORTANT! If you have changed the file KJESiteSpecific.js, do not replace this file from your download package, it contains site specific information that should be retained. These files are for V3 support, if you do not have any V3 calculators you will not have a these files.
- Replace KJE.css This is for V3 support, if you do not have any V3 calculators you will not have a this file.
When you test the new version of the calculators, make sure that the browser you are using uses the new files instead of any it may have in its cache. You may need to clear the browser's cache manually to ensure the new versions are loaded.
Please note, if you have a custom deployment (other than the custom formatted delivery described below), installation instructions for your package will found on your download page.
If you wish to upgrade to V3 please email use us at:
Custom Formatted Delivery:
Custom formatted delivery is a special option that you can add to your maintenance update service. With this option we can apply an HTML, JSP, CFM or ASP template to your calculator pages and their reports before the update is sent to you. You will then receive your calculator pages with all of your site formatting in place, without any rework to include changes that have been made to the pages deployed on your server. If you are interested in using custom formatted delivery, please contact us at (612) 331-2291, or for more information.
- Download the latest version of your calculators from your download site, found on your update e-mail notice.
- Execute the Calc.exe file from your download. This is a self-extracting zip file. (Or unzip the Calc.zip file if you are using a non-windows platform.)
- When prompted for a directory, you may use the default of "c:\java" or enter your own. It is recommended that you extract the update to a new directory and then move the required files to your production environment. One directory will be created with no subdirectories.
All pages will be custom formatted to your site, no further integration or modification of the calculators is required. Please note, if your custom delivery uses Active Server Pages (ASP), Java� Server Pages (JSP) or Cold Fusion (CFM) the respective ASP, JSP or CFM pages will be in place of your HTML documents for all calculator main pages.
Calculator Updates 3/31/2013
For V2, these changes will required you to update your HTML pages either by replacing your existing HTML pages with the new ones provided or editing the pages with the new content from this update. For V3 these changes do not require any edits or modifications to HTML pages, all changes are encapsulated within the JS files provided.
- Company Stock Distribution Analysis Calculator: (StockRollover401k.html) New definition has been added for the long-term capital gains rate:
The current long-term capital gains tax rates for 2013 is currently calculated as:
- 0% if your ordinary income marginal tax rate is 10% or 15%
- 15% if your ordinary income marginal tax rates greater than 15% and less than 39.6%
- 20% if your ordinary income marginal tax rate is 39.6%
- An additional 3.8% for the excess of Adjusted Gross Income (AGI) over the $200,000 (singles) or $250,000 (married)
- Estate Tax Planning Calculator: (EstatePlan.html) Inflation rate input has been added to allow for future exemption amounts to be estimated. Future year's estate tax exemption is calculated as the entered inflation rate (default is 3%) compounded annually and rounded to the nearest $10,000.
- 1040 Tax Estimator: (Tax1040.html) has been updated for new rates and schedules for 2013. This includes changes to the definitions, and the calculation modules. It is possible that additional changes to the tax rates and rules will take place before the end of 2013. This update uses the current tax law for its estimates (and does not attempt to determine new or changed law not yet in effect).
- 1040EZ Tax Estimator: (Tax1040EZ.html) has been updated for new rates and schedules for 2013. This includes changes to the definitions, and the calculation modules. Please note that no new entry or output fields were required, but the tax tables and many of the tax computations were affected. This update uses the current tax law for its estimates (and does not attempt to determine new or changed law not yet in effect).
- Marginal Tax Estimator: (TaxMargin.html, SPTaxMargin.html) has been updated for new rates and schedules for 2013. This includes changes to the definitions, and the calculation modules. Please note that no new entry or output fields were required, but the tax tables and many of the tax computations were affected. This update uses the current tax law for its estimates (and does not attempt to determine new or changed law not yet in effect).
- Self Employment Tax Calculator: (TaxSelfEmployment.html) has been updated for new rates and schedules for 2013. This includes changes to the definitions, and the java calculation modules. Please note that no new entry or output fields were required, but the tax tables and many of the tax computations were affected. This update uses the current tax law for its estimates (and does not attempt to determine new or changed law not yet in effect).
- Earned Income Tax Credit Calculator: (EarnedIncomeCredit.html) has been updated for new rates and schedules for 2013. This includes changes to the definitions, and the java calculation modules. Please note that no new entry or output fields were required, but the tax tables and many of the tax computations were affected. This update uses the current tax law for its estimates (and does not attempt to determine new or changed law not yet in effect).
- 72(t) Calculator: Early withdrawals from retirement accounts (Retire72T.html, Retire72T2.html), 72(t) Distributions: Impact on retirement fund balances (Retire72TAlt.html): The Federal Mid-Term rate has been updated for April 2013. This change affects the calculators default values and the definition of Reasonable Interest Rate For April 2013. For April 2013, 120% of the Federal Mid-Term rate has changed from 1.04% (Jan. 2013) to 1.31%.
The quarterly update for 3/31/2013 is a targeted update, affecting primarily tax calculators such as the Tax 1040, 1040EZ and Marginal Tax Rate calculators. If you do not have any tax calculators, or do not require the enhancements listed in the notes below at this time, you may safely skip this update.
If you have not updated your calculators recently you should definitely refresh your existing calculator pages. All updates are cumulative, so if you start fresh with this update, you will have all previous calculator updates as well. If you would like, you can review our 12/31/2012 update: 12/31/2012 Update.
If you wish to upgrade to V3 please email use us at:
Version 3 (V3) Calculator Updates
For more detailed information please see our frequently asked questions: FAQ
V3 calculators use JavaScript, HTML5 and CSS to display and run the calculators. There is no longer a requirement for the Java-Plugin. Upgrading to the V3 calculators has been made as easy as possible. All HTML pages retain their original name and extension to prevent broken links. Your download package will indicate V3 if you have upgraded your calculators.
The V3 upgrade is a complete replacement of all underlying code. In addition, the minimum browser requirement for V3 is IE7. If you recieved a download notice, it will clearly state your calculator version.
V3 Calculator release notes:
- As of 12/31/2012 standard U.S. English calculators have been upgraded to V3.
- As of 3/31/2013 Canadian Calculators in English have been upgraded to V3.
- French Canadian and Spanish calculators are pending conversion in Q2 2013 and remain in V2 for this update
- Version 2 (V2) and V3 can run together from the same server in the same directory. Packages that have been upgraded to V3 that have calculators that are not yet available in the new version, will have the V2 calculators included in their download package.
- If you have a custom calculator that you would like upgraded please contact us for pricing and instruction.
If you wish to upgrade to V3 please email use us at:
Update Instructions
For more detailed information please see our frequently asked questions: FAQ
- Download the latest version of your calculators from your download site, found on your update e-mail notice.
- Execute the Calc.exe file from your download. This is a self-extracting zip file. (Or unzip the Calc.zip file if you are using a non-windows platform.) If you see a warning message, you can safely continue. When prompted for a directory, you may use the default or enter your own. It is recommended that you extract the update to a new directory and then move the required files to your production or staging environment. One directory will be created with no subdirectories.
- For V2 Support
- Replace dinkytown.jar file. This is for V2 support, if you do not have any V2 calculators you will not have a dinkytown.jar file.
- Replace files with the extension "class". This is for V2 support, if you do not have any V2 calculators you will not have any "class" files
- Make required changes to any HTML documents as described in this document or replace all of your existing HTML documents and re-apply your web-site custom changes. (NOTE: V3 does will not require any manual edits for HTML changes, all text and content updates are contained in the JS files.)
- For V3 Support
- Replace all files with extenstion .js except KJESiteSpecific.js. IMPORTANT! If you have changed the file KJESiteSpecific.js, do not replace this file from your download package, it contains site specific information that should be retained. These files are for V3 support, if you do not have any V3 calculators you will not have a these files.
- Replace KJE.css This is for V3 support, if you do not have any V3 calculators you will not have a this file.
When you test the new version of the calculators, make sure that the browser you are using uses the new files instead of any it may have in its cache. You may need to clear the browser's cache manually to ensure the new versions are loaded.
Please note, if you have a custom deployment (other than the custom formatted delivery described below), installation instructions for your package will found on your download page.
If you wish to upgrade to V3 please email use us at:
Custom Formatted Delivery:
Custom formatted delivery is a special option that you can add to your maintenance update service. With this option we can apply an HTML, JSP, CFM or ASP template to your calculator pages and their reports before the update is sent to you. You will then receive your calculator pages with all of your site formatting in place, without any rework to include changes that have been made to the pages deployed on your server. If you are interested in using custom formatted delivery, please contact us at (612) 331-2291, or for more information.
- Download the latest version of your calculators from your download site, found on your update e-mail notice.
- Execute the Calc.exe file from your download. This is a self-extracting zip file. (Or unzip the Calc.zip file if you are using a non-windows platform.)
- When prompted for a directory, you may use the default of "c:\java" or enter your own. It is recommended that you extract the update to a new directory and then move the required files to your production environment. One directory will be created with no subdirectories.
All pages will be custom formatted to your site, no further integration or modification of the calculators is required. Please note, if your custom delivery uses Active Server Pages (ASP), Java� Server Pages (JSP) or Cold Fusion (CFM) the respective ASP, JSP or CFM pages will be in place of your HTML documents for all calculator main pages.
Calculator Updates 3/31/2013
For V2, these changes will required you to update your HTML pages either by replacing your existing HTML pages with the new ones provided or editing the pages with the new content from this update. For V3 these changes do not require any edits or modifications to HTML pages, all changes are encapsulated within the JS files provided.
- Company Stock Distribution Analysis Calculator: (StockRollover401k.html) New definition has been added for the long-term capital gains rate:
The current long-term capital gains tax rates for 2013 is currently calculated as:
- 0% if your ordinary income marginal tax rate is 10% or 15%
- 15% if your ordinary income marginal tax rates greater than 15% and less than 39.6%
- 20% if your ordinary income marginal tax rate is 39.6%
- An additional 3.8% for the excess of Adjusted Gross Income (AGI) over the $200,000 (singles) or $250,000 (married)
- Estate Tax Planning Calculator: (EstatePlan.html) Inflation rate input has been added to allow for future exemption amounts to be estimated. Future year's estate tax exemption is calculated as the entered inflation rate (default is 3%) compounded annually and rounded to the nearest $10,000.
- 1040 Tax Estimator: (Tax1040.html) has been updated for new rates and schedules for 2013. This includes changes to the definitions, and the calculation modules. It is possible that additional changes to the tax rates and rules will take place before the end of 2013. This update uses the current tax law for its estimates (and does not attempt to determine new or changed law not yet in effect).
- 1040EZ Tax Estimator: (Tax1040EZ.html) has been updated for new rates and schedules for 2013. This includes changes to the definitions, and the calculation modules. Please note that no new entry or output fields were required, but the tax tables and many of the tax computations were affected. This update uses the current tax law for its estimates (and does not attempt to determine new or changed law not yet in effect).
- Marginal Tax Estimator: (TaxMargin.html, SPTaxMargin.html) has been updated for new rates and schedules for 2013. This includes changes to the definitions, and the calculation modules. Please note that no new entry or output fields were required, but the tax tables and many of the tax computations were affected. This update uses the current tax law for its estimates (and does not attempt to determine new or changed law not yet in effect).
- Self Employment Tax Calculator: (TaxSelfEmployment.html) has been updated for new rates and schedules for 2013. This includes changes to the definitions, and the java calculation modules. Please note that no new entry or output fields were required, but the tax tables and many of the tax computations were affected. This update uses the current tax law for its estimates (and does not attempt to determine new or changed law not yet in effect).
- Earned Income Tax Credit Calculator: (EarnedIncomeCredit.html) has been updated for new rates and schedules for 2013. This includes changes to the definitions, and the java calculation modules. Please note that no new entry or output fields were required, but the tax tables and many of the tax computations were affected. This update uses the current tax law for its estimates (and does not attempt to determine new or changed law not yet in effect).
- 72(t) Calculator: Early withdrawals from retirement accounts (Retire72T.html, Retire72T2.html), 72(t) Distributions: Impact on retirement fund balances (Retire72TAlt.html): The Federal Mid-Term rate has been updated for April 2013. This change affects the calculators default values and the definition of Reasonable Interest Rate For April 2013. For April 2013, 120% of the Federal Mid-Term rate has changed from 1.04% (Jan. 2013) to 1.31%.