USA Income tax calculator with latest IRS updates -
Simple, flexible & quick tax planner. Automatic computations. Includes tax years 2026, 2025, 2024. Free!
INCOME TAX CALCULATOR
TaxMode is a simple and powerful income tax planning app. It is updated for the One Big Beautiful Bill Act (OBBBA). The following are some of the key items are included among other modifications in this release-
1. Updated tax rates
2. Standard Deductions
3. Extra Seniors’ Deduction with limitations and phaseouts
4. Updated State and Local Tax (SALT) itemized deduction with limitations and phaseouts
5. Deduction for overtime income with limitations and phaseouts
6. Tip income deduction with its limitations and phaseouts
7. Child Tax Credit updated
8. Alternative Minimum Tax updated for inflation adjustments and Exemptions & Phaseout Thresholds
9. Updated for inflation adjusted capital gain threshold for 0 and 15% tax rate
10. Charitable contribution limitation for high earners at 37% bracket
Some key features of TaxMode include-
● Up-to-date with latest tax laws up to 2026 tax year
● Includes tax years 2026, 2025 & 2024
● 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%, 35%, 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 2026, 2025 & 2024. 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
on iPad data entry takes only a few minutes to get a detailed tax forecast and worksheets for 2023, 2024 and 2025. Each year can be saved under a different name and emailed to your computer for review and printing. Good help files.I needed to anticipate large tax bills in 2024 and 2025 after fund sales but Freetaxusa and Turbotax are not functional until mid-January. This tool was available in November and has replaced them.
Child tax credit NOT applied to Additional taxes from Schedule 2!!
iPhone2024user
The app adds additional taxes (1040 Line 17 from Schedule 2) AFTER non-refundable credits like the child tax credit (1040 Line 19) have been deducted, which can leave a portion of the non-refundable child tax credit unused, that could have offset the additional taxes from Schedule 2. Form 1040 deducts the child tax credit after all additional taxes from Schedule 2 such as repayment of excess APTC received in Line 17 have been added to the regular tax from Line 16. Instead, the app only uses a portion of the credit to offset regular tax and the rest of the credit is lost, and then adds the additional Schedule 2 tax to your total tax liability AFTER credits, which is incorrect.
Free and very helpful, I LOVE it
NikoleNikki
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!!
Very handy and quick tax estimator
AppTheWorld
Easy to input data and results are shown immediately in one simple list. Can also show you what the values are on most lines on 1040 form.One thing I found missing: charitable contributions, even when taking standard deduction. Singles can take up to $300 and married filing jointly take $600 adjustment to income. See line 10b on 1040 form. Fix that and it’s a five star app.
Ready for tax years 2026, 2025 & 2024 with latest IRS updates. It includes-
● New income tax rate tables
● Updated Standard Deductions
● Additional Seniors’ Deduction with limitations and phaseouts
● Updated State and Local Tax (SALT) itemized deduction with limitations and phaseouts. Details shown using IRS worksheet.
● Alternative Minimum Tax updated for inflation adjustments and Exemptions & Phaseout Thresholds
● Charitable contribution limitation for high earners at 37% bracket
● Additional deductions for Tips, Overtime and Car Loan Interest. Computations shown with supporting details
Version 2026.5
The developer, Sawhney Systems, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
Identifiers
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
Identifiers
Privacy practices may vary, for example, based on the features you use or your age. Learn More
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
Information
Seller
Sawhney Systems, Inc.
Size
22.7 MB
Category
Finance
Compatibility
Requires iOS 15.0 or later.
iPhone Requires iOS 15.0 or later.
iPad Requires iPadOS 15.0 or later.
iPod touch Requires iOS 15.0 or later.
Mac Requires macOS 12.0 or later and a Mac with Apple M1 chip or later.
