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Tax

Tax rules change on a published calendar and old rules still apply to old years, so every tool here resolves its constants from a versioned ruleset keyed to the year you select, never to today. The effective date and the primary source are shown on the page, not buried in a footer.

Income Tax

Income Tax Refund EstimatorYour refund, and the interest the tax authority owes you on it if it is late. That interest is routinely overlooked and is taxable when you receive it.Federal Income Tax CalculatorFederal income tax for the year and filing status you select, with the bracket breakdown and both rates shown. The marginal rate is what your next dollar costs; the effective rate is what you actually paid.State Income Tax CalculatorState income tax across the three structures states actually use. Nine states levy none, several use a single flat rate, and the rest are progressive with brackets that differ enormously.Federal + State Tax CalculatorFederal, state, local and payroll tax combined. The effective rate across all four layers is the number that describes what you actually pay, and it is always well below the marginal rate.Marginal vs Effective Tax Rate CalculatorThe two rates that get confused with each other. The marginal rate decides what a raise is worth; the effective rate is what the year actually cost. Under any progressive schedule the second is always lower.Tax Bracket CalculatorWhich bracket a given taxable income falls in, how much of the income is actually taxed at that rate, and how far the next bracket is. Being in a bracket says almost nothing about what you pay.Estimated Quarterly Tax CalculatorQuarterly estimated tax under the safe harbour rules. Paying on last year's tax avoids penalties regardless of what this year turns out to be, which is the point of the rule and the reason a good year need not be estimated precisely.Alternative Minimum Tax CalculatorAlternative minimum tax. AMT is the excess of a parallel calculation over your regular tax, and the exercise of incentive stock options is the single most common trigger.Tax on Dividend Income CalculatorTax on dividend income. Dividends are taxed in the shareholder's hands at slab rates in India since the dividend distribution tax was abolished, and only interest on borrowing is deductible, capped at twenty percent.

Deductions

Credits

Sales Tax

Property

Estate