Standard vs Itemized Deduction Comparison Tool (2025) Estimate whether claiming the 2025 standard deduction or itemizing lowers your federal income tax. This simplified tool uses 2025 draft tax brackets and ignores AMT and certain limits (e.g., SALT 10 k). Filing Status Single Married Filing Jointly...
Category: Daily Life
IRA vs Roth IRA Contribution Estimator Compares the after‑tax value of contributing the same amount to a Traditional (pre‑tax) IRA versus a Roth (after‑tax) IRA. Assumptions: contributions made today, grow tax‑free until retirement, withdrawn in a lump sum. No early‑withdrawal penalties considered. Contribution...
Self‑Employment Tax Calculator (2025) Calculates Social Security & Medicare self‑employment (SECA) tax on net earnings and suggests quarterly estimated‑tax payments. Uses 2025 IRS limits: 12.4 % Social Security (up to $168,600 of SE income) + 2.9 % Medicare + 0.9 % Additional Medicare above threshold. Net Earnings from Self‑Employment ($)...
2025 Federal Tax Estimator (Form 1040 – Simplified) Simplified calculator for individual filers. Uses 2025 IRS brackets, standard deductions, and basic child/other‑dependent credits (no itemised deductions, AMT, or additional credits). Figures are estimates only. Filing Status Single Married Filing Jointly Head...
Workers' compensation is a state-mandated insurance program that provides benefits to employees who suffer job-related injuries or illnesses. It is designed to offer medical care, wage replacement, and rehabilitation services while protecting employers from lawsuits. Navigating the workers' compensation claim...