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1040 Tax Estimator

  • #: 12832
  • Price: $0.99 In Apple Store
  • Category: Finance
  • Updated: 2011-03-30
  • Current Version: 1.0.2
  • 1.0.2 (iOS 4.0 Tested)
  • Size: 0.40 MB
  • Language: English
  • Seller: Matthew Ting
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.2 or later
  • © 2011 Sherwoodbase
  •  Add to Favorite apps

 

Description

We support both 2010 and 2011 Tax Rates!

3/29/2011: Please install our latest update for a more accurate 2011 tax rate!

This is a simple, quick tax estimator for 1040 federal income tax. You might have heard IRS has stopped mailing each taxpayer instruction booklets starting in the 2010 tax season. Taxpayers can no longer search for their taxes on the booklets. No worries! Now you are only a few clicks away from estimating your federal income tax by using this easy 1040 Tax Estimator!

This estimator provides two most important pieces of information you need to know about your tax:

1. Tax Estimator: By entering minimal tax information, you can estimate the amount of your federal income tax.

2. Tax Rate: By entering minimal tax information, you will also find out about your marginal tax rate and your effective tax rate.

2010/2011 Tax Rates: You will be able to switch and use either one of the tax year rates on-the-fly without inputting all of the information again!

Hot-Shot Mode: This is the quickest way to identify your marginal tax rate! By entering only your filing status and taxable income, we will instantly show you your marginal tax rate and the amount of your tax liability!

Email Summary: You may email a copy of your estimation summary anytime from the summary screen.

Note: This tool is only an estimator of federal income tax liability for 1040 filers. It does not calculate the amount of tax owed or the amount of refund. This tool supports 2010 and 2011 Form 1040.

Please give us a good rating! We'd love to keep on improving this application! More features and helpful hints will be coming out soon!

What's New in Version 1.0.2

- Now it's the time! Our estimator may be the first one that supports 2011 Tax Rates. So you can plan ahead and pay less tax for 2011!

- New feature: now you can input your email address and email yourself your estimated tax!

3/9/2011: There's a small bug on 2011 rate and we already submitted the fixed patch. Please expect an update will be available soon. Sorry for causing any inconvenience~

*** Please give us a good rating! We'd love to keep on improving this application! More features and helpful hints will be coming out soon! ***

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Rated 0/5 based on 1 customer reviews.

 

0/5 stars

2011 Tax estimates are not trustworthy

:
I don't trust the app for 2011.
Enter married filing jointly and put in a high income... say 400,000...you get negative taxes. The 2010 seems to be ok, but 2011 is not tested. The app is way too simple. I guess it's intent is to be like a tax table, but it isn't doing that job too well.

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The information may be outdated (2011-03-27 12:33:25). For actual information go to iTunes

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