US Business Reinvestment Tax Impact Estimator
Enter the tax year for which you are estimating.
Your total business revenue before expenses.
Your estimated deductible expenses *before* considering new reinvestments.
Enter amounts for planned, deductible business reinvestments. These amounts will be added to your current expenses for estimation.
New assets that may be eligible for Section 179 or Bonus Depreciation.
Deductible contributions to qualified retirement plans.
Other deductible business costs you plan to incur.
Enter an estimated percentage representing your combined federal & state income and SE tax rate on additional income. **This significantly impacts savings.**
Reinvestment Impact Summary ()
Item | Initial (Before Reinvestment) | Adjusted (After Reinvestment) |
---|---|---|
Estimated Gross Business Income | $0.00 | $0.00 |
Estimated Total Business Expenses | $0.00 | $0.00 |
Estimated Net Earnings (Taxable Business Profit) | $0.00 | $0.00 |
Total Planned Reinvestment: $0.00
Estimated Reduction in Net Earnings: $0.00
Assumed Combined Marginal Tax Rate: 0%
Estimated Tax Savings from Reinvestment: $0.00
Note: This tool provides a simplified estimate of the tax impact of deductible business reinvestment based on an assumed marginal tax rate. Actual tax savings depend on your specific tax situation, business structure, eligibility of expenses, and current tax laws. Retirement contribution limits and depreciation rules apply in actual tax filing. This is not tax advice. Consult a qualified tax professional.