US Paycheck Calculator vs Taxes Suck: USA Federal State Usage & Stats
It can be complicated and exhausting to make changes to multiple inputs (marital status, state, deductions, mortgage amount, interest, charity, 401K, health savings account, etc.), and calculate their impact on taxes and paycheck amount, retirement, and savings. The app makes it easy to see the numbers dynamically as and when you make changes. To provide an instant answer to your changes, the data input is managed through a slider and in multiples of 5, 10, 25, 100, or 1000. We sacrificed a bit in accuracy over speed. However, the number of changes you can make in an instance would be unfathomable in apps requiring manual entries.
The app has three modules:
1) The paycheck module caters to wage earners who want to see their take-home salary (with most pre-tax and post-tax deductions).
2) The estimated tax module is broader and includes the ability to add multiple wages. In-app purchases for spouse income, non-wage income, a business module (with revenue, COGS, and expenses) provide extensive coverage for the ones interested
3) The budget module allows you to plan multiple budgets (10+ budget categories, 100+ budget items) with the ability to share the data with friends and family. The expenses tracking is not linked to any credit card and bank accounts for complete privacy. We believe. manually tracking expenses keeps you honest on how you spend and control the expenses before they go out of control. With some practice, we believe the interface should take less than a min to enter each expense.
In-App Purchase
- The app features state tax withholding from all 50 states.
- Ability to enter multiple spouse income (for married filing jointly)
- Non-wage incomes
- A business module to see revenue, COGS, and expenses (automatically sorting the top 5 costs as you enter the data)
- Budget option is only available via subscription. As a bonus, you can access all features by purchasing a subscription
The app is intended for information and as a convenience tool only. The app should not be misconstrued as legal tax advice or utilized for tax filings or financial planning. You should always and only consult a certified tax professional and financial planner for your personal needs. Data is stored on your device, please read the instructions on how to delete, save and retrieve your data.
Terms of Service:
https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
Privacy Policy:
https://www.queryaide.com/privacy-policy
- Apple App Store
- Free
- Finance
Store Rank
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“In this world nothing can be said to be certain, except death and taxes.” - Benjamin Franklin
With Taxes Suck, you can easily estimate your taxes in seconds! NO degree required! Let’s face it, paying Taxes Sucks! It’s not your fault the tax code takes an advanced degree to be an expert in.
Taxes Suck is a simple but powerful United States income tax calculator intended to help you easily estimate your Federal and State income tax liability.
Take control of your Taxes Today! Taxes Suck helps estimate the correct amount of Federal and State taxes to withhold from your paycheck (Don’t trust your W-4 from your employer). If you are self-employed, it helps to estimate your estimated taxes. If you are employed, self-employed, have investment income, etc., it helps estimate income taxes for that too!
Taxes Suck is great for Tax Planning. Whether you are self-employed, weighing business reinvestment options, or you are simply trying to decide between Traditional vs. Roth retirement contributions, Taxes Suck can help make tax decisions easier by showing you current-year tax savings.
Taxes Suck is excellent for any Do-It-Yourself type of person and great for professionals assisting clients. Taxes Suck gives you the ability to run income tax projections in seconds. Learn with Taxes Suck about different types of income, deductions, & tax credits and how those affect your tax bill.
“Only on the App Store”
Tax Year 2024 is a One-Time charge of $3.99!
Tax Years 2023 & 2022 are FREE to use!
Note - States are slow to update their tax brackets. If current-year state brackets are unavailable, prior-year brackets will be used until the state issues current-year brackets.
Federal calculations include:
- Ordinary federal income tax.
- Long-term capital gain tax.
- FICA tax.
- Self-employment tax.
- Self-employment tax deduction.
- Additional Medicare (Self-employment only).
- Qualified business income deduction with threshold & phaseout.
- Net investment income tax.
- Taxable portion of Social Security Income.
- Child tax credit with phase-out.
- Earned Income Tax Credit with phase-in & phase-out.
- Standard deduction (including Age & Blind increase - Federal Only).
- Displays marginal tax rate.
- Ability to manually add certain adjustments.
- Ability to run withholding/estimated tax payment projections.
State calculations include:
- Ordinary state income tax.
- Self-Employment Tax Deduction add-back - PA.
- Standard deduction, personal exemption, dependent exemption (does not include phaseout, but a few states do not calculate these based on a low-income phaseout).
- Federal QBI Deduction - CO, ID, & ND.
- Federal 50% QBI Deduction - IA (2022 Only).
- Federal Income Tax Deduction - IA (2022 Only).
- Taxable portion of Social Security Income state subtraction, if applicable in your state.
- Displays marginal tax rate.
- Ability to manually add certain adjustments.
- Ability to run withholding/estimated tax payment projections.
- Taxes Suck on most states calculates tax on state taxable income at ordinary state tax rates. This should overestimate taxes due if your state has favorable rates on certain types of income.
- I plan to add a more complete calculation for state income tax in the future, but I wanted to get the app released sooner rather than later, and I believe it gives a reasonable estimate for most people in its current build.
Taxes Suck is brought to you by Adam Myrick, CPA, a solo developer. If Taxes Suck is helping you, please consider supporting me by leaving a positive review or updating an existing one. Please share Taxes Suck with friends & family!
In-App Purchases:
Unlock 2024 Tax Year: One-Time Charge — $3.99
Tip Jar:
One-Time Charge — $0.99
One-Time Charge — $4.99
Payments and Renewal:
- Payment will be charged to iTunes Account at confirmation of purchase.
Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
Privacy Policy: https://www.taxes-suck.com/#privacy-policy
- Apple App Store
- Free
- Finance
Store Rank
- -
US Paycheck Calculator VS. 
Taxes Suck: USA Federal StateDecember 10, 2024