●Upated for 2017-2018 TCJA●

TaxMode is a versatile app for income tax calculations and analysis. It has a simple design that provides instant results and efficient planning capabilities. It is available for most major platforms including Android phones and tablets, iPhone, iPad, Windows Phone 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 tax computations
● Qualified dividends & capital gains tax
● Self-employment taxes
● Alternative minimum tax
● Net investment income tax
● Qualified business pass-thru tax deduction
● Quarterly estimated tax
● Lump-sum distribution tax
● Earned income credit (EIC)
● Child tax credit (EIC)
● Threshold, phase-in & phase-out of deductions)
● Threshold, phase-in & phase-out of exemptions)

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-
● 2018 TAX YEAR is updated for the 2017-2018 Tax Cuts & Jobs Act. It includes the new pass-thru deductions provisions of qualified business in the specified or non-specified trade or service, revised changes in deductions, exemptions, child tax credit and more. computations

● 2017 TAX YEAR is updated for change in medical deduction floor and new IRS tax forms that are used in the app as line-by-line references to provide details of calculations. computations

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
● Automatic check for AMT applicability and analysis
● Quarterly estimated taxes, report & IRS form 1040ES
● Quick and easy operation
● Verify the adequacy of estimated tax payments
● Analyze impact of specific investment or deductions
● All tax results supported with computation details forms
● 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
● Windows desktop (download)*
● Apple iPhone
and iPad (App store)
● Google Android phones & tablets (Google Play)*
● Windows Phone (Market place)

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 Alternative 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.

Dependable Support Team
TaxMode is developed and supported by professionals at Sawhney Systems who initiated the era of professional financial and tax planning software with the first commercially available system ExecPlan in 1976. We have been serving the financial services industry with products and support services for over 3 decades. Our most popular financial planning program  ExecPlan Express provides a complete PFP software which highly acclaimed by financial services industry professionals at a very affordable price. You are invited to download a full version of ExecPlan Express for evaluation at no cost.

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.

The design of TaxMode benefits from the implementation of a number of suggestions for functionality and features we have received from our tax planning clients over the years.  

To download your free copy of this income tax calculator and planner on a Windows PC please click here.

*Now includes tax year 2018 and updated references to major IRS tax forms for tax year 2017.

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.

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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.

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

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