How does Tax Genie calculate my taxes?

Tax Genie calculates your taxes by applying the latest federal and state tax brackets to your income, factoring in your filing status, income sources, and eligible deductions. Our specialized algorithms handle various income types including W-2 wages, self-employment, and trading income.

Does Tax Genie support all US states?

Yes, Tax Genie supports tax calculations for all 50 US states plus the District of Columbia. We maintain up-to-date tax brackets for states with progressive tax systems, flat tax rates, and no-income-tax states.

How often are tax brackets updated?

Tax Genie's tax brackets are updated annually when the IRS and state tax authorities release new information. We also continuously monitor for mid-year updates and tax law changes to ensure accuracy.

Tax Genie: Your Comprehensive Tax Assistant

Simplify complex tax calculations for all income types with precision and clarity.
Calculate personal income tax, trading taxes, self-employment tax, and explore tax-saving deductions.

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Tax Calculation For Every Situation

Accurate tax calculations for all income types and scenarios

Personal Income Tax

Calculate federal and state income tax based on your salary and filing status. See effective tax rates and bracket breakdowns.

Trading & Investment Tax

Calculate capital gains tax on investments, futures, options, and other trading activity. Learn how different rates apply to various types of income.

Self-Employment Tax

Understand self-employment tax obligations including Social Security and Medicare taxes. Discover available deductions for self-employed individuals.

Powerful Features & Benefits

Everything you need for comprehensive tax insights

What Makes Tax Genie Different

Complete Coverage

Federal and state tax calculations for all 50 states with accurate local rates

All Filing Statuses

Support for single, married filing jointly, married filing separately, and head of household

Visual Insights

Clear visual breakdown of your tax obligations with interactive charts

Always Current

Tax data automatically updated from IRS sources to ensure accuracy

Why Choose Tax Genie

Comprehensive Coverage

Calculate taxes for all income types, including specialized calculations for traders and self-employed individuals

Deduction Optimization

Automatic comparison between standard and itemized deductions to find your best option

Print-Ready Results

Beautifully formatted printable tax reports for your records

Tax Optimization Insights

Discover potential tax savings through deduction comparisons and personalized insights

Tax Resource Center

Expert guidance to help you understand and optimize your taxes

Tax Guide

Understand the fundamentals of income taxes, investment taxes, and self-employment taxes with our comprehensive guide.

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Tax Planning

Learn effective strategies to legally minimize your tax burden through smart planning and strategic deductions.

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Tax FAQ

Find answers to common questions about taxes, calculations, deductions, credits, and planning strategies.

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Ready to Calculate Your Taxes?

Get a detailed breakdown of your tax obligations with just a few clicks

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