Income Tax Calculator1.6

Income Tax Calculator is a lightweight Windows application designed specifically for helping you calculate your US federal income tax and identify tax brackets which show the percentage of tax that you pay on additional income.

Simplistic design

The program reveals a clean feature lineup that gathers all configuration settings in a single panel, making it very easy for you to discover its features. A help manual is not available, only an online description of the utility’s capabilities.

Supported calculations

Income Tax Calculator gives you the possibility to select the tax year from a drop-down list, enter the target income in dollars, as well as pick the current status (single, head of household, married filing separately, married filing jointly).Based on the aforementioned parameters, the application provides an estimation of your federal tax and calculates the average tax for the current year.What’s more, you are allowed to clear the working environment with a single click and open your Windows calculator. The results cannot be copied to the clipboard and exported to a file (e.g. TXT, CSV) to your computer.Tests have shown that Income Tax Calculator performs tasks very quickly and without errors. It is not a resource hog so you can keep it running in the background without worrying that it eats up CPU and memory resources.

Bottom line

All things considered, if you are looking for nothing more than a straightforward software solution for estimating your federal tax, average tax, as well as tax bracket, Tax Calculator helps you find out the values in no time. The simplistic design makes it ideal especially for less experienced users. On the downside, the tool has not been updated for a while, so the calculations can be carried out up to the 2012 year.