tax calculator

Salary paycheck calculator is an easy to use calculator to tell you amount of taxes deducted or to be deducted as Federal income tax or state income tax or social security or medicare tax. The calculation can be done for paycheck that is…

Filing taxes late penalty calculator is based on the law under section 6651 of the US Code 26 that provides that if any taxpayer who files tax after the due date for filing of return , he/she/it will pay a penalty @ 5% per month for the…

Net investment income tax is a medicare tax charged on Individuals who have income  from capital gains ,interest, dividend exceeding a threshold specified under Internal Revenue Code.This extra medicare tax is known as Net Investment Income…

Substantial presence test calculator is here to let you test if you are tax resident or not. As you know ,your tax liability under US code 26 i.e Internal Revenue Code is dependent primarily on one fact. That is whether you are resident of…

Understanding US Tax laws means you have to understand first how to compute taxable income and tax on that. This is most fundamental knowledge on Internal Revenue Code . So here is a concept image for simplification of tax computation