TaxMode Income Tax Calculator

A Versatile App For Income Tax Calculations And Analysis

Download TaxMode

 Ready for tax years 2025 and 2026 including OBBBA provisions

It has a simple design that provides instant results and efficient planning capabilities.

It is available for most major platforms including Android phones and tabletsiPhoneiPad and Windows desktop. It is designed for USA income taxes.

Which Tax Computations Are performed? 

Designed for USA income taxes, TaxMode calculates most major federal income taxes based of your data input. For multi year planning it applies tax computations specific to the year being analyzed. The following computations are included- 

  • Regular income tax
  • Capital gains tax
  • Self-employment tax
  • Alternative minimum tax
  • Net investment income tax
  • FICA taxes
  • Quarterly estimated taxes
  • Additional Medicare Tax
  • Qualified business pass-thru deductions
  • Itemized deductions
  • SALT deduction, threshold & limitations
  • Tip and overtime income deduction with limitations
  • Charitable deduction with limitations
  • Additional deduction for seniors
  • Child & dependent credit
  • Student loan and tuition fees deduction

What is the current status of tax updates?? 

TaxMode is generally updated within days of the availability of new tax legislation or its details. The current version of the app includes the following-

Up-to-date for tax years 2025 and 2026. It includes OBBBA provisions with limitations and phaseout, SALT deduction, add-on Senior’s deductions, provisions for Tip and Overtime income, Charitable deduction limits for high earners and more.

TaxMode is designed to perform with the ease-of-use of an ordinary calculator. Its functionality can satisfy almost any level of need for tax analysis. It includes computations for the current tax year as well as the tax years before and after the current year.

Key Features 

Automatic selection of applicable tax computations

Quick and easy
operation

All tax results supported with computation details using the corresponding tax form

Automatic check for AMT applicability and analysis

Verify the adequacy of estimated tax payments

Analyze impact of specific investment or deductions

Quarterly estimated taxes, reports & IRS form 1040ES

Summary or detailed data entry options

Side by side comparison of alternative scenarios for what-if analysis

Effective tool for pre-tax return analysis

Multi-Platform Availability 

Google Android phones & tablets (Google Play)

Apple iPhone and iPad (App store)

Start up screen where you can enter one or more values and obtain results interactively or load a saved case. The last case you were working on can also be loaded. 

Tax related results are displayed as you enter each value. Summary input can be made be directly entering the value in the button's text window or you can enter itemized input on the detail input screen available upon clicking the a button.

At any point you can compare the impact of an item on the overall tax scenario.

TaxMode Fits Your Needs

If you are a tax professional it will enhance your analytical ability and make tax planning more efficient.

If you are an independent individual looking for an easy to use tool to analyze the tax impact of a transaction, need a quick year-end tax estimation, perform a pre-tax-return-filing analysis, or review the impact of any other tax related investment decision, TaxMode will help you make more informed decision by providing a better understanding of all the possible income tax implications. TaxMode also provides you with a number of premium features should you needs go beyond quick calculations and simple planning. You can start with expanding the detail of what type of income, itemized deductions, credits and payments that can be entered and analyzed. Next you can utilize the automated comparison option that can help you quickly review the impact on one or more changes in data in a specific case. And with one simple click you can do a comparison of a case’s data for one year vs. another year.

Compare Alterna​​tive Scenarios 

While TaxMode is primarily a quick income tax calculator it can also be used in advanced mode as an income tax planner for performing comparative analysis. Two such modes are available to provide you with tax result comparisons from a static point of reference or a continuous (dynamic) comparison each time you make an entry. These modes can be activated or deactivated on the fly with one key touch. 

You can also compare the tax difference of including or excluding an item of income or deduction this year versus the next year. Give it a two-minute test to see how well it works. Download now a copy of this free income tax calculator and planner.

Interested in a comprehensive financial planning app on mobile platform?

Try our latest app PlanMode available free for iPhone or iPad and Android phones & tablets.