Income Tax Calculator: TaxMode
Income Tax Calculator: TaxMode Summary
Income Tax Calculator: TaxMode is a ad-supported, with in-app purchases iOS app in Finance by Sawhney Systems. Released in Nov 2012 (13 years ago). It has 291 ratings with a 4.58★ (excellent) average. Based on AppGoblin estimates, it reaches roughly 3.7K monthly active users and generates around $<10K monthly revenue (100% IAP / 0% ads). Store metadata: updated Feb 24, 2026.
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Store info: Last updated on App Store on Feb 24, 2026 .
4.58★
Ratings: 291
Screenshots
App Description
INCOME TAX CALCULATOR
TaxMode is a simple and powerful income tax planning app. It is updated for the One Big Beautiful Bill Act (OBBBA). The following are some of the key items are included among other modifications in this release-
1. Updated tax rates
2. Standard Deductions
3. Extra Seniors’ Deduction with limitations and phaseouts
4. Updated State and Local Tax (SALT) itemized deduction with limitations and phaseouts
5. Deduction for overtime income with limitations and phaseouts
6. Tip income deduction with its limitations and phaseouts
7. Child Tax Credit updated
8. Alternative Minimum Tax updated for inflation adjustments and Exemptions & Phaseout Thresholds
9. Updated for inflation adjusted capital gain threshold for 0 and 15% tax rate
10. Charitable contribution limitation for high earners at 37% bracket
Some key features of TaxMode include-
● Up-to-date with latest tax laws up to 2026 tax year
● Includes tax years 2026, 2025 & 2024
● Includes Qualified Business income deductions
● Automatic selection of applicable tax computations
● Automatic check for AMT applicability and analysis
● Computes Net Investment Income Tax
● Performs deductions and exemptions phase-out
● Additional Medicare Tax
● Computes Child Tax Credit
● Computes Earned Income Credit
● Quarterly Estimated Tax computations, report & IRS 1040ES form support*
● Analyze impact of specific deductions
● Summary or detailed data entry options*
● Side by side comparison for what-if analysis*
● Ability to save and load data*
● Pie chart & multiple report options
● Supports computations with values for major IRS forms
● Effective tool for pre-tax return analysis
● Ability to email out results & reports*
● Easy data entry
● Import and export of plan data
Tax calculations include-
● Regular income tax
● Qualified Business Income threshold and phase-out
● Pass-thru deductions from Specified and Non-specified business
● Tax based on QDCG worksheet
● Self-employment
● Alternative minimum tax
● Net investment income tax
● Additional Medicare tax
● Lump-sum distribution tax
● Child & Dependent Tax credit
● Earned income credit
● FICA taxes
Automatic limitation of amounts allowed for
● Medical expenses
● Investment interest deduction
● Charitable contributions with limitatio