Calculators > Taxation
If you have numerous itemized deductions such as mortgage interest, charitable contributions, etc., it may make sense for you to itemize your deductions instead of using the standard deduction for your tax filing status.
Tax-free investments such as municipal bonds have lower yields due to their tax-exempt status.
It might surprise you how many days you would have to work to pay your estimated federal tax liability (including Social Security tax withholdings).
Taxes are unavoidable and without planning, the annual tax liability can be very uncertain.
Interest paid on debts incurred in order to invest (such as 'margin accounts') is generally deductible to the extent that it offsets investment income (such as interest, dividends and short term capital gains). Interest payments in excess of investment income can be carried forward in hopes of offsetting future investment income.
Federal taxes on your net capital gain(s) will vary depending on your marginal income tax bracket and holding period of the asset.
Investment vehicles are taxed differently. This calculator is intended to help compare a fully taxable investment to two tax advantaged situations.
Interest paid may or may not be tax-deductible depending on the type of interest paid.