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Tax · 14 calculators

Tax calculators

Quarterly estimates, withholding, state-by-state 1099 math, AMT, QBI 199A, NIIT, FEIE, depreciation recapture, capital-gains step-up.

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Capital gains step-up tax savings

Compute the federal capital gains tax SAVED via the step-up in basis at death — comparing inherited-and-sold vs gifted-during-life on appreciated property.

SEP-IRA vs Solo 401(k) max contribution

Compare the maximum tax-deductible retirement contribution for self-employed under SEP-IRA vs Solo 401(k) at your net SE income.

Section 179 deduction calculator

Compute Section 179 immediate expensing for business equipment vs MACRS depreciation, including phase-out at the $3.13M cap (2024).

Foreign earned income exclusion calculator

Compute the federal tax savings from the Foreign Earned Income Exclusion (FEIE) for US citizens working abroad — earned income up to $126,500 (2024).

Depreciation recapture tax calculator

Compute the depreciation recapture tax owed on rental property sale — Section 1250 unrecaptured gain at 25% federal flat plus state.

SALT cap impact calculator

Quantify the federal tax loss from the $10,000 State and Local Tax (SALT) deduction cap — comparing actual paid vs deductible cap.

Roth conversion ladder tax cost

Project the federal tax cost of converting traditional IRA balances to Roth over multiple years to manage bracket-by-bracket taxation.

Net Investment Income Tax (NIIT) calculator

Calculate the 3.8% ACA surtax on investment income above the $200k/$250k MAGI threshold — including the lesser-of NII vs MAGI-excess rule.

Section 199A QBI deduction calculator

Calculate the 20% qualified business income deduction for pass-through owners, including SSTB phase-outs and the W-2 wage / UBIA limitation.

FAQ

tax questions, answered

Q1.How does the 1099 quarterly estimator work?

It computes federal income tax (current brackets), self-employment tax (15.3% on net SE income up to the wage base, 2.9% above), and state tax — then divides by four for the quarterly payment. The safe-harbor variant runs the IRS rules: pay 100% of last year's liability (110% if AGI > $150k) and you're penalty-protected regardless of how much more you actually owe. Most freelancers should use safe-harbor for the simplicity.

Q2.Who actually owes AMT in 2025?

After TCJA, AMT applies to a much narrower slice — primarily high-W-2 earners with significant ISO exercises, large state-tax deductions (now capped via SALT), and certain investment situations. The calculator runs both regular and AMT tracks and shows you the higher of the two. If you're a typical W-2 employee with a standard deduction, AMT is unlikely to bite. If you exercised a lot of ISOs in-the-money, run it.

Q3.What's the QBI 199A deduction worth?

Up to 20% of qualified business income for pass-through entities — sole props, partnerships, S corps, REITs. The calculator handles the wage-and-W-2 limits, the SSTB (specified service trade or business) phase-outs, and the threshold income tests. For a profitable LLC at moderate income, this deduction alone is often worth $5-30k of federal tax.

Q4.When does tax-loss harvesting actually help?

It helps when you have realized gains to offset, or when the $3,000 ordinary-income offset matters (carry-forward indefinitely). The calculator quantifies the harvest in dollar terms — losses harvested × your effective rate — and flags wash-sale exposure (same security purchased within 30 days resets the basis and disallows the loss). High-bracket investors with active portfolios can save thousands per year.

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