iPhone Giveaway of the Day - US Paycheck Calculator

We are on a mission to make the complex easy. With a complicated tax code, it is tough to get a holistic picture of inputs (marital status, state, deductions, mortgage amount, interest, charity, 401K, health savings account etc.), their impact on taxes and paycheck, and our retirement and savings. The app makes it easy to see the numbers dynamically as and when you make changes.

To provide a dynamic interface and an instant answer to your tax and savings queries, we limited the data input through a slider and in multiples of 10, 100, or 1000. We altogether avoided time-consuming text entries (typical of other apps in this domain). Sure, we sacrificed accuracy over speed. However, the number of changes you can make in an instance would be unfathomable in apps requiring text entries. We believe we have the essential inputs covered for most users.

What to expect

The app has two modules, a paycheck option and a tax option, each serving its purpose. The paycheck option caters to wage earners who want to see their take-home salary (with most pre-tax and post-tax deductions). The tax module is broader and includes the ability to add multiple wages. In-app purchases for spouse income, non-wage income, a business module (with revenue, COGS, and expenses) provide extensive coverage for the ones interested.

In-App Purchase

- The app features state tax withholding from all 50 states.
- A retirement calculator to assess the current spending goals with future needs
- Ability to enter multiple spouse income (for married filing jointly)
- Non-wage incomes
- A business module to see revenue, COGS, and expenses (automatically sorting the top 5 costs as you enter the data)

The app is intended for information and as a convenience tool only. The app should not be misconstrued as legal tax advice or utilized for tax filings or financial planning. You should always and only consult a certified tax professional and financial planners for those purposes.