Filing my taxes. Considering the new 2017 tax law, I was curious to see how my federal income tax rate changed. My 2018 rate is 1 percentage point lower than my 2017 rate. A a disclaimer, my 2018 income was 6% lower than it was in 2017.
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The biggest contributor in the decrease was the elimination of the AMT tax.
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More info that no one cares about except me: my homemade tax spreadsheet was able to predict my federal taxes with 1.8% error and my state taxes with 0.5% error. It's super useful for adjusting my withholdings throughout the year to make sure I don't withhold too much.
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Replying to @bai_huo
i’ve heard legends of these optimizations
4:48 PM - 30 Mar 2019
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