Internet TAXSIM Version 7.0 Home Page

Internet TAXSIM

Version 7.0

Upload a file with TAXSIM data:

File to upload:
Marginal Rates (finite differences) with respect to: Other Income Wage Income Taxpayer Earnings Spouse Earnings Long Term Gains Don't bother
Show detailed intermediate calculations: Off On
Return either a URL on our server a live page.


OR... Calculate liabilities for one taxpayer (fill every box)

Marginal Rates with respect to: Other Income Wage Income Taxpayer Earnings Spouse Earning Long Term Gains Other deductions Mortgage Interest Don't bother
1. Case ID (must be numeric)
2. Tax year (4 digits between 1960 and 2013, but state must be zero if year is before 1977 or after 2005. We don't have code for state laws before 1977.) (No default)
3. Casulty Losses for itemized deductions.
4. Marital Status (1. single 2. joint 3. head of household 8. Dependent taxpayer ) (No default)
5. Dependent Exemptions (number of children)
6. Number of taxpayers over 65 years of age.
7. Wage and salary income of Taxpayer (include self-employment).
8. Wage and salary income of Spouse (include self-employment).
9. Dividend income (corporate dividends only for 2003 on).
10. Other property income, including interest, rent, alimony, fellowships non-corporate dividends and other income or loss not otherwise enumerated here. (+/-)
11. Taxable Pensions
12. Gross Social Security Income
13. Other non-taxable transfer Income such as welfare, municipal bond interest, and child support that would affect eligibility for state property tax rebates but would not be taxable at the federal level.
14. Rent Paid (used only for calculating state property tax rebates)
15. Property and other taxes paid (except state income tax, which TAXSIM calculates).
16. Itemized deductions other than state income tax and local property tax. If you have medical expenses remember to only include the excess over 3%,5% or 7,5% of AGI (for years 60-82, 83-86 and 87+). These are regarded as preferences for the AMT.
17. Child care expenses.
18. Unemployment compensation received.
19. Number of dependents under age 17 (for child credit).
20. Mortgage Interest and other deductions not a preference for the AMT.
21. Sort Term Capital Gains or losses. (+/-)
22. Long Term Capital Gains or losses. (+/-)

Date last modified: August 30, 2006