Income Tax Calculator: MyPay app for iPhone and iPad

Whether youre gearing up for the 2023 tax year or grappling with other tax-related queries, MyPay is your go-to tax tool.

Unravel Questions like:

- Just how much am I shelling out in taxes?
- Can I cut down my taxes by tweaking retirement contributions, tapping into various tax credits and deductions, or considering a move to another state?
- How does filing jointly with my spouse or separately impact our combined taxes?
- Does an $85,000 offer in New York City truly outweigh a $75,000 one in Florida?
- What should my gross salary be to net $100,000 post-tax?
- Is my income too much to contribute to a Roth IRA?

Features:

1. TAX-YEAR ANALYSIS: Select from 2021, 2022, or 2023 to get accurate estimations for the current and historical tax years.

2. COMPREHENSIVE INCOME INPUT: Capture every cent, whether its your earnings or your spouses – salary, bonuses, commissions, dividends, short-term and long-term capital gains, and more.

3. TAX INSIGHTS:
- Federal Tax: Understand your deduction types, both standard and itemized, and visualize tax credits like the Child Tax Credit.
- State & Local Taxes: Comprehensive tax data for all 50 states including Washington D.C. and specific locales like New York City.
- FICA Taxes: Break down Medicare and Social Security contributions.

4. RETIREMENT CONTRIBUTIONS: Play with sliders to estimate traditional 401K, Roth 401K, IRA, Roth IRA contributions, and employer match amounts. Retirement contribution sliders automatically adjust based on your income, preventing over-contributions.

5. PAY VARIABILITY VIEW: Toggle between different pay scales – from annual to hourly – to grasp your incomes distribution.

6. DYNAMIC FEEDBACK: Experience real-time results and feedback. Dynamic arrows guide you, adjusting color and direction to signify the impact of your inputs.

7. CUSTOMIZABLE UI: Choose between light and dark modes for optimal visual comfort.

8. PRIVACY IS KEY: No redundant sign-ups. Your data remains private and not compromised.

Embark on your journey towards financial independence with MyPay. Download now and start making informed decisions about your income and taxes.

Feel free to leave your feedback or report an issue with MyPay by emailing [email protected]

DISCLAIMER: MyPay: Net Income Calculator serves as an insightful financial guide but isnt a substitute for professional advice. Always consult a financial expert before making significant decisions.