Income Tax Calculator: TaxMode 2024.5



Publisher Description



2024 Tax Year Ready.
Income tax planner for USA. Includes 2024, 2023 & 2022. Simple, flexible & quick tax calculator. Automatic computations. Up-to-date for 2023 Free!

INCOME TAX CALCULATOR
TaxMode is a simple and powerful income tax planning app. Its key features include-
● Up-to-date with latest tax laws for 2023 tax year
● Includes tax years 2024, 2023 & 2022
● Includes Qualified Business income deductions
● Automatic selection of applicable tax computations
● Automatic check for AMT applicability and analysis
● Computes Net Investment Income Tax
● Performs deductions and exemptions phase-out
● Additional Medicare Tax
● Computes Child Tax Credit
● Computes Earned Income Credit
● Quarterly Estimated Tax computations, report & IRS 1040ES form support*
● Analyze impact of specific deductions
● Summary or detailed data entry options*
● Side by side comparison for what-if analysis*
● Ability to save and load data*
● Pie chart & multiple report options
● Supports computations with values for major IRS forms
● Effective tool for pre-tax return analysis
● Ability to email out results & reports*
● Easy data entry
● Import and export of plan data

Tax calculations include-
● Regular income tax
● Qualified Business Income threshold and phase-out
● Pass-thru deductions from Specified and Non-specified business
● Tax based on QDCG worksheet
● Self-employment
● Alternative minimum tax
● Net investment income tax
● Additional Medicare tax
● Lump-sum distribution tax
● Child & Dependent Tax credit
● Earned income credit
● FICA taxes

Automatic limitation of amounts allowed for
● Medical expenses
● Investment interest deduction
● Charitable contributions with limitations for 60%, 30% & 20% deductibility
● Unreimbursed business expenses
● Casualty & theft losses
● Student loan interest deduction
● Tuition & fees deduction

TaxMode is a quick and efficient app for income tax planning. It provides an easy way to compute taxes and perform what-if analysis. It contains detailed implementation of USA tax laws for 2024, 2023 & 2022. TaxMode's capabilities can satisfy almost any level of need for tax computation, planning and analysis.

This app can be a valuable tool for professionals and nonprofessionals alike. For a tax professional it will enhance your analytical ability, improve your day to day productivity and make tax planning more efficient. For an independent individual, it provides an easy to use tool to analyze the tax impact of a transaction in terms of taxes saved or increase in tax liability, calculate a quick year-end tax estimate, perform a pre-tax-return-filing analysis, or review the impact of any other tax related investment decision; TaxMode can help you make more informed decision by providing a better understanding of all the possible income tax implications.

We hope you have a productive and satisfying experience with this app and delight us by giving TaxMode a helpful review.

Please let us know any thoughts or suggestions you may have while using TaxMode that will help us improve its functionality. Similarly, please write us at support@sawhney.com if you discover a computational error or have questions on a specific calculation.

Thank you.


*Represents a premium function

Jan 24, 2024
Version 2024.5
Tax Year 2024 Ready!
This version includes tax updates and other enhancements as follows-
● US Income tax computations for 2024, 2023 & 2022

● Updated IRS Tax Forms for tax year 2023
● Updated tax computations for 2024 include-
• Projected tax rate tables for all filing status
• Updated FICA and Self-employment Tax
• Increased standard deductions
• Updated Alternative Minimum Tax Exemption (AMT)
• Updated maximum capital gain rate amounts
• Updated Qualified Business Income threshold
• Updated base for Social Security
• Updated Student Loan Interest deduction
● Updated computation details are provided in the format of latest IRS Tax Forms available for tax year 2023 or 2022.

About Income Tax Calculator: TaxMode

Income Tax Calculator: TaxMode is a free app for iOS published in the Accounting & Finance list of apps, part of Business.

The company that develops Income Tax Calculator: TaxMode is Sawhney Systems. The latest version released by its developer is 2024.5.

To install Income Tax Calculator: TaxMode on your iOS device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2024-01-24 and was downloaded 5 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Income Tax Calculator: TaxMode as malware if the download link is broken.

How to install Income Tax Calculator: TaxMode on your iOS device:

  • Click on the Continue To App button on our website. This will redirect you to the App Store.
  • Once the Income Tax Calculator: TaxMode is shown in the iTunes listing of your iOS device, you can start its download and installation. Tap on the GET button to the right of the app to start downloading it.
  • If you are not logged-in the iOS appstore app, you'll be prompted for your your Apple ID and/or password.
  • After Income Tax Calculator: TaxMode is downloaded, you'll see an INSTALL button to the right. Tap on it to start the actual installation of the iOS app.
  • Once installation is finished you can tap on the OPEN button to start it. Its icon will also be added to your device home screen.



RELATED PROGRAMS
Our Recommendations


BarCode2D-PNG


Click stars to rate this APP!

Users Rating:  
  0.0/5     0
Downloads: 5
Updated At: 2024-04-22
Publisher: Sawhney Systems
Operating System: Ios
License Type: Free