Home Mortgage Interest Deduction Estimator

The following calculator can be used to estimate the home mortgage interest deduction of a year (Line 8e on Tax Form 1040 Schedule A). The calculator only estimates the home mortgage interest deduction and is useful for planning purposes only. The result is likely different from the exact number you need to fill in your tax form due to various details and nuances required by the tax law. Instead, when filling in your tax form, please follow the relevant instructions or hire a tax professional. ...

July 11, 2024 · (Updated September 2, 2024) · 310 words

S&P 500 After-Tax Return Calculator

Use the calculator below to estimate the after-tax return of investing in S&P 500 during a specific time period. Starting Year: The end of the year near which the hypothetical investment is made. Ending Year: The end of the year near which the hypothetical investment is terminated. Tax Rate: The tax rate. This should normally be the estimated Capital Gain Tax Rate. Data Sources S&P 500 price and dividend: Shiller Data Consumer Price Index (CPI): Consumer Price Index for All Urban Consumers (CPI-U) provided by US Bureau of Labor Statistics

June 11, 2024 · (Updated September 2, 2024) · 90 words

Inflation Calculator

The following calculator can be used to find out the equivalent dollar amount between two months. Modifying one entry will automatically update other entries. Price 1: The price of the first date. Date 1: The first date. Price 2: The price of the second date. Date 2: The second date. Data Sources Consumer Price Index for All Urban Consumers (CPI-U) provided by US Bureau of Labor Statistics

May 27, 2024 · (Updated September 2, 2024) · 67 words

Save Capital Gain Tax on Rental Property: Rent Out Home After Moving Out

In the United States, for federal income tax purposes, the capital gain realized in the sale of a rental property is usually taxable. But there is one exception: Primary residence rented out after moving out if done right. ...

May 11, 2024 · (Updated September 2, 2024) · 477 words