free software for calculating estimated taxes

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. For a tax professional it will enhance your analytical ability, improve your day to day productivity and make tax planning more efficient. This app can be a valuable tool for professionals and nonprofessionals alike. TaxMode's capabilities can satisfy almost any level of need for tax computation, planning and analysis. It contains detailed implementation of USA tax laws for 2023, 2022 & 2021. It provides an easy way to compute taxes and perform what-if analysis. TaxMode is a quick and efficient app for income tax planning. Charitable contributions with limitations for 60%, 30% & 20% deductibility.Pass-thru deductions from Specified and Non-specified businessĪutomatic limitation of amounts allowed for.Qualified Business Income threshold and phase-out.Ability to email out results & reports*.Effective tool for pre-tax return analysis.Supports computations with values for major IRS forms.Side by side comparison for what-if analysis*.Summary or detailed data entry options*.Quarterly Estimated Tax computations, report & IRS 1040ES form support*.Performs deductions and exemptions phase-out.Automatic check for AMT applicability and analysis.Automatic selection of applicable tax computations.Includes Qualified Business income deductions.Up-to-date with latest tax laws for 2022 tax year.TaxMode is a simple and powerful income tax planning app.

Free software for calculating estimated taxes