Business Loan Tax Deduction Estimator

Business Loan Tax Deduction Estimator (U.S. Context)

Enter Your Loan Details

Loan Amount ($):

Annual Interest Rate (%):

Loan Term:

Loan Start Date (Month/Year):

Estimation Period:

Business Tax Information (U.S. Context)

Your Business's Estimated Marginal Tax Rate (%): Enter the combined (Federal + State, if applicable) tax rate at which your business income is taxed. This is the rate that would apply to any deductions.

Note on Interest Deductibility: Generally, interest paid on business loans is deductible for U.S. tax purposes if the loan proceeds are used for business activities. However, businesses with average annual gross receipts exceeding a certain threshold (e.g., ~$29 million in recent years, subject to change by the IRS) may face limitations on the amount of business interest expense they can deduct (under Section 163(j)). This estimator assumes no such limitation applies for simplicity. Always consult a tax professional for specific advice.

Estimated Tax Deduction

Estimation Summary (for First 12 Months of Loan)

Total Interest Paid in Estimation Period: $0.00

Marginal Tax Rate Used: 0.00%

Estimated Tax Deduction Value: $0.00

Estimated Net Cost of Interest for Period: $0.00

Amortization Schedule (First 12 Months)

Month #	Payment Date	Payment	Principal	Interest	Balance
Enter loan and tax details to see the estimate.

Disclaimer: This calculator provides an estimate for informational purposes only and does not constitute tax advice. The actual tax deduction may vary. Consult with a qualified tax professional for advice specific to your situation and to understand current tax laws and regulations.