That's great news. Thank you for all the hard work.
@smatthews51 and @cstone
I think we can reasonably speculate that this is the most complicated and challenging enhancement that has been integrated into Pralana to date. Having some software development experience myself, I cannot fathom the complexity you had to tame to get the recursive taxation recalculations to work correctly. While I'm sure it matters little in projecting final net worth, it will make a big difference to those of us who like to account for each penny on an annual basis.
A huge congratulations and Thank You for your continuous delivery of new Pralana features and capabilities, all at breakneck speed and with high quality.
Seems to me it's time finally to take a break to make up for the holiday you obviously worked through! Thanks again for the pride and care you continue to invest into Pralana and for the increasing value you continue to deliver to your customers. Pralana is already extremely impressive, and with some enhanced UX sizzle, would be untouchable.
Kudos!!
Update 9:30pm ET Sun Jan 4: I am deploying a site update at 10pm ET. Regrettably, there are still some known significant issues with the same-year taxation. The More > Beta Features page is available after the 10pm release and I will add status alert to the page with info about its usability. In short, I advise against spending your time to test/review at this time.
I'm not sure if this question is related to this issue, or if I am just not understanding how to input my data. In my first year (now 2026), my tax calculation does not include taxable account withdrawals nor tax deferred account withdrawals for 2026. So my income shows as very low and minimal taxes for 2026. So are taxes as an expense just delayed until the next year? And if so, how do I get the first year (2026) to reflect my actual taxes? Is there a way to put the taxes I owe for tax year 2025 into the model as a standard entry or do I need to fudge it in some way?
