Income Tax Calculator: TaxMode

Income Tax Calculator: TaxMode

Tax planner for USA income tax

309 ratings
68 reviews
Free
In-App PurchasesWith Ads

Details

  • Released
  • Updated
  • November 2, 2012
  • March 19, 2026

Features

Income Tax Calculator: TaxMode video #1 for iPhone
Income Tax Calculator: TaxMode video #2 for iPhone
Income Tax Calculator: TaxMode screenshot #3 for iPhone
Income Tax Calculator: TaxMode screenshot #4 for iPhone
Income Tax Calculator: TaxMode screenshot #5 for iPhone
Income Tax Calculator: TaxMode screenshot #6 for iPhone
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About

This app helps users plan and calculate US income taxes. It's updated with the latest tax laws and includes features for deductions, credits, and what-if analysis. It supports tax years 2024-2026.

Updated tax rates and deductions
What-if analysis and scenario planning
Automatic tax computations
Child Tax Credit and Earned Income Credit calculation
Alternative Minimum Tax (AMT) analysis
Net Investment Income Tax computation
Quarterly Estimated Tax reporting
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What users say

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What's New in Income Tax Calculator

2026.5

March 19, 2026

Ready for tax years 2026, 2025 & 2024 with latest IRS updates. It includes- ● New income tax rate tables ● Updated Standard Deductions ● Additional Seniors’ Deduction with limitations and phaseouts ● Updated State and Local Tax (SALT) itemized deduction with limitations and phaseouts. Details shown using IRS worksheet. ● Alternative Minimum Tax updated for inflation adjustments and Exemptions & Phaseout Thresholds ● Charitable contribution limitation for high earners at 37% bracket ● Additional deductions for Tips, Overtime and Car Loan Interest. Computations shown with supporting details

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In-App Purchases

$1.99

Premium Features for 1 Month

This purchase activates premium features for one month.

User reviews

Child tax credit NOT applied to Additional taxes from Schedule 2!!

The app adds additional taxes (1040 Line 17 from Schedule 2) AFTER non-refundable credits like the child tax credit (1040 Line 19) have been deducted, which can leave a portion of the non-refundable child tax credit unused, that could have offset the additional taxes from Schedule 2. Form 1040 deducts the child tax credit after all additional taxes from Schedule 2 such as repayment of excess APTC received in Line 17 have been added to the regular tax from Line 16. Instead, the app only uses a portion of the credit to offset regular tax and the rest of the credit is lost, and then adds the additional Schedule 2 tax to your total tax liability AFTER credits, which is incorrect.
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AVOID..broken..no tech support

Takes your money but no premium features and no apple refund. Unusable with adds. Developer does not respond nor fix the problem. Apple does not refund.

Error on Senior deduction starting 2025

I’m a big fan of this app and I’ve been supporting it for years. But there is an error calculating the $6K senior deduction. When I fist select Over 65, the deductions are correct. But each time I select a data entry screen and return to the Home Screen, the deduction is increased by another $6K, even though I did not change any data field.
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Can’t seem to get beyond ad minefield?

If it is free-Can’t seem to get beyond ad minefield? Unusable

Virus

As soon as I started inputting my data a pop-up appeared saying I had a virus.

Developer apps

User experience

🐞

Reported Bugs

12 issues

Error calculating senior deduction

Bug

Senior deduction increases with each screen return

Bug

Error with AMT calculation on LTCG

Bug

File won't save on iPhone

Bug

Pop-up virus warning

Bug

Broken premium features

Bug

Subscription not recognized after update

Bug

Data lost after yearly updates

Bug

iCloud not available reported incorrectly

Bug

Incorrect deduction total in 2018 update

Bug

Deductions line defaults to standard deduction

Bug

Child Tax Credit income limitations not applied

Bug

Requested Features

6 requests

Estimate state income tax

Feature

Add Roth conversions and charitable donations categories

Feature

User-defined categories

Feature

Dark mode option

Feature

Advanced analytics dashboard

Feature

Ability to save tax scenarios (Pro version)

Feature

FAQ

What does this income tax calculator app do?

This app is designed for income tax planning and calculation for the USA. It is updated with the latest tax laws and includes features for various deductions, credits, and tax computations. It allows users to perform what-if analysis to understand the impact of different financial decisions on their tax liability.

What are the key features of this tax planning app?

Key features include updated tax rates and deductions for 2024-2026, automatic selection of applicable tax computations, analysis for Alternative Minimum Tax (AMT), Net Investment Income Tax, and Child Tax Credit. It also supports quarterly estimated tax computations and reporting.

How much does this tax calculator app cost?

The app is free to download and use, but it offers in-app purchases. These purchases likely unlock additional features or advanced functionalities for tax planning and analysis.

What tax years does this app support?

This app is updated with the latest tax laws and includes computations for tax years 2026, 2025, and 2024. This ensures that users can plan and calculate their taxes based on current and upcoming regulations.

Who would benefit from using this tax planning app?

This app is valuable for both professionals and non-professionals. Tax professionals can use it to enhance their analytical abilities and productivity, while individuals can use it to better understand and plan their personal income taxes, especially those with complex financial situations.