• Indian Income Tax Calculation Software Free Download

Feb 23, 2017. Income Tax Calculation is one of the most complex tasks for the common man. If you are searching for income tax calculator your search ends here. I am herewith Income tax calculator for the financial year 2017-18. It is simple excel based calculator specially made for all categories of employees. All these tax related computations and records maintenance can now be carried automatically with the help of Income Tax calculation software. This software comes with several applications and you can also try it for free. This versatile software comes with free trial option where you can learn and use the applications of this. Income Tax Calculator calculates tax and salary deductions with detailed tax calculations and explanations based on the latest Indian tax rates for 2015-2016 assessment year (FY 2014-2015) & 2016-2017 assessment year (FY 2015-2016).This calculator is for the salaried individuals resident of India. Calculator allows the.

This app is only available on the App Store for iOS devices.

Description

INCOME TAX CALCULATOR & PLANNER
TaxMode is a simple and powerful income tax planning app. Its key features include-
● Up-to-date with latest tax laws of 2018
● Includes tax years 2019, 2018 & 2017
● 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 Tax credit
● Earned income credit
● FICA taxes
Automatic limitation of amounts allowed for
● Medical expenses
● Investment interest deduction
● Charitable contributions with limitations for 60%, 50%, 30% & 20% deductibility
● Unreimbursed business expenses
● Casualty & theft losses
● Student loan interest deduction
● Tuition & fees deduction
Commercial drivers license requirements oklahoma. 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 2019, 2018 & 2017. 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

What’s New

This version includes computations for tax years 2019, 2018 and 2017. Following modifications are made for tax year 2019-
•Updated income limit subject to Social Security tax in the computations in 2019 tax year. This limit is raised in tax year 2019 to 132,900 from the 128,400 limit in tax year 2018.
•Updated reference information for Estimated Tax using 2019 IRS Form 1040 ES.
•Modified Income & Tax pie chart.

Indian Income Tax Calculation Software Free Download

Free and very helpful, I LOVE it

I HATE iphone (all apple products) since most of the apps are deceptive. This is one of very few apps that are FREE and does what it says without hidden or subscription fees.
This whole IRS paying income tax is expensive, hard and stressful enough. This app quickly helps put my mind at ease when trying to figure out estimated income tax payments. I am forever grateful for this!!

Excellent & Timely

I have been using TaxMode for over a year. I like this app but like its timeliness for updates much more. Tax planning is most useful before year end when I can act to save taxes. This app is great when it comes to tax updates. Also, I like the details of computations provided with one tap. Gives you a great ability to analyze tax related situations instantly.

Excellent

This is a great tax planning app. Underneath its simple result display and a pie chart showing elements of income and tax there seems thorough implementation of income tax computations. All types of taxes are computed automatically if they are applicable based on the data entered. It provides computational details when you tap on any number on the result display. It will show the corresponding IRS form detailing how the tax amount was calculated.

Information

Requires iOS 8.0 or later. Compatible with iPhone, iPad, and iPod touch.

Premium Features for 1 Year$5.99
Premium Features for 1 Month$0.99

Supports

• Family Sharing

  With Family Sharing set up, up to six family members can use this app.