Tax Deduction Calculator

Compare standard deduction vs itemized deductions for tax planning.

Age in the specified unit (typically years).
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Government levy as percentage or fixed amount.
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Government levy as percentage or fixed amount.
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Enter the charitable donations value for this calculation.
$
Enter the filing status (1=single, 2=mfj) value for this calculation.

Results

Itemized Deduction Total:
Sum of all calculated values.
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Standard Deduction:
Calculated standard deduction based on your inputs.
-$
Recommendation:
Calculated recommendation based on your inputs.
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Reference: Industry Standards.