The United States is one of the strictest countries in the world when it comes to taxation. We have compiled a list of tax calculators for most common types of tax. To help you file your tax returns with the IRS in the United States.
Federal Income Tax Calculator
Federal Income Tax must be filed with the IRS annually in the United States. Use this Federal income tax calculator at Smart Asset to help you file your tax return for this year. This federal income calculator also covers state and local taxes, itemized deductions, personal exemptions and any 401(k) and or IRA contributions you have to make.
IRS Withholding Tax Calculator
If you are an employee in use, this Withholding Tax Calculator to help make sure the correct amount of Federal income tax is withheld from your pay.
You can also find the latest IRS forms here to help you make your tax declarations.
Sales Tax Calculators
Sales taxes in the United States are taxes added on to the sale of the lease of goods or services in the United States. While no general sales tax exists as in many other countries, some sales tax is added on to particular goods and services in certain states. Furthermore, some states may also impose selective sales taxes in certain specific areas within a state.
Here are a few sales tax calculators for the United States to help you calculate the sales tax on goods and services in your area.
IRS Sales Tax Deduction Calculator
The IRS Sales Tax Deduction Calculator can help you work out your sales tax deductions by answering a five simple questions.
Property Tax Calculators
Property tax is usually calculated by local officials in the United States. Property tax may be imposed on real estate or personal property and is a legal obligation by the owner and becomes attached to the property on a specific date. Most states add property tax on vehicles registered in the state, and in some states tax other types of business property.
Estate Tax Calcualtors
In the United States estate tax is the tax payable on the transfer of your estate to a living person upon the event of your death.
Use the estate tax calculator at Calculator.net to work out the tax payable on your estate in the event of your death.
Federal Gift Tax Calcultors
In the United States, a federal gift tax is payable by the donor. It is payable when a gift in the form of cash, stocks, real estate, or another form of property exceeding a specific value annually, are transferred to another party. You can use the federal gift tax calculator at JH Advanced Markets to see if you are liable to pay any additional taxes on a gift you are sending to another person. If you sell something at less than its full value to another person, this may also be considered a gift by the federal government. You may want to find out more about gift tax at the IRS website here.