1040tools offers a wide variety of tax calculators for both consumers and professionals. These calculators are designed to save you time and effort for quite a number of complicated computations. You will find that you can answer questions in seconds which previously would take minutes or hours of research and work. We know of no other website or software which provides this value in terms of either functionality or convenience.

We encourage you to try for yourself the free calculators--we are sure you'll want to register and gain access to our unique and proprietary advanced calculators.

Consumers -

• Social Security Estimator
  - Get a quick estimate of your benefit amount
• Loan Amortization Schedule
  - Printable schedule for all payments
• Present Value Calculator
  - Find the present value of a future amount
• Future Value Calculator
  - Compute the future value of a current amount
• Calculate Lease Contract
  - Interest Rate/Money Factor
• Alternative Minimum Tax Estimator
  - Great for incentive stock option planning
• Compute Your Retirement Nest Egg
  - Using all essential variables
• Quick Corporate Tax Calculator
  - How much will the IRS get?
• Quick Individual Tax Calculator
  - How much will the IRS get?
• Quick Estate Tax Calculator
  - How much will the IRS get?

Professionals -

Proprietary Calculators (20 uses free with registration):


• Mutual Fund Basis Calculator
  - Utilizes an extensive database to compute the historical average cost basis for mutual funds
• Historic High-Low-Mean Value Calculator
  - Conforms to IRS Reg 20.2031-2 fair market value determination methods

Other Professional Calculators (unlimited use free with registration:

• Annual Lease Value Calculator
  - Compute the taxable portion of an employee's use of a company vehicle
• IRA Minimum Distribution Calculator - 2002, 2001, 2000, 1999
  - Avoid penalties! Compute the required withdrawals
• Deductions for Income in Respect of a Decedent - 2001
  - An often overlooked itemized deduction relating to double-taxed income
• Income Inclusion Calculator
  - Compute the amount of income "add-back" associated with leased vehicles