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Income tax calculator 2020, 2019, 2018, 2017
From the taxable income, the income tax calculator calculates the income tax rate for 2020, 2019, 2018, 2017 and previous years in accordance with § 32a EStG. On the computer you can choose between a common rating for spouses or registered partners (according to the split table) and an individual rating for individuals (according to the basic table). Taxable income: In the income tax calculator you can also select the year in which the income was generated and for which the income tax is to be calculated.
Income tax is calculated by the income tax calculator in accordance with the statutory provisions detailed here. The average tax rate is the percentage of income tax on total taxable income. The marginal tax rate is the tax rate with which the last amount paid was arithmetically offset or, in the case of additional income, the former.
If you have also selected a church tax rate in the calculator, then the church tax is also calculated, the basis of which is the income tax. However, these benefits are used to calculate the applicable tax rate for other taxable income that was generated in the same year. However, the tax rate for the remaining income is calculated as if the person concerned had received $ 28,000 this year.
The tax rate is then based on the taxable income from the gross income of?
16. 000 offset. You can use this income tax calculator to enter income under the progress reservation in the area of wage replacement benefits. The computer then takes this into account when calculating the income tax rate and, of course, the income tax to be paid.
The solidarity surcharges are levied as a supplement to income tax and are therefore also included in this income tax calculator. According to the Solidarity Surcharge Act it amounts to 5.5% of the income tax if this is the exemption limit of 972? for individuals or 1944? for the common assessment. According to 4 p. 4 SolzG, it corresponds to a maximum of 20% of the difference between income tax and tax exemption.
All limits are the values currently applicable for 2019 and are taken into account in the calculation in this income tax calculator. The computer calculates the total burden from income tax, solidarity surcharge and church tax. The average expense is the percentage of this total taxable income burden. The marginal charge is the percentage by which the last amount invoiced (sum of income tax, solidarity surcharge and church tax) or, in the case of additional income, the next higher amount would be invoiced.
The marginal load thus indicates the percentage of additional income (e.g. salary increase, additional rental income, etc.) that would be incurred for tax purposes. Among other things, it includes an amendment to the Income Tax Act. As a result, income tax is slightly reduced by a two-stage increase in the basic amount. The basic aid is to be increased from $ 90,000 to $ 9,168 from January 2019 and from $ 9,408 from January 2020.
Income below this allowance is not taxed. You can use the calculator at the top of this website to calculate how this will affect the income tax you will have to pay in 2019 and 2020. There will also be a slight tax relief for 2018 due to the new income tax formulas for 2018: Above all, the increase in the basic subsidy to $ 90000 will provide a little more capital in the wallet.
Specifically, this means a monthly saving of $ 10.75 for a single with a taxable income of $ 50,000. A couple with a joint investment of $ 75,000 saves $ 15 per calendar month on their common income. In addition, there are percentage savings from the solidarity surcharge and the church tariff. You can determine the exact difference to this income tax calculator by comparing the calculations for 2018 and 2017. In this case, you only have to recalculate the calculations for 2018 and 2017.
In October 2016, the Federal Ministry of Finance published new income tax formulas for 2017 and the increase in the basic subsidy from 8,652 to 8,820 (or 17,640 for spouses and registered partners). The new formulations are taken into account in this income tax calculator specified by the federal government (see also BMF – Tax Calculation 2017).
The amount of the increase applies retrospectively from 01/01/2015.
The law also provided for the next higher increase for 2016. The peak tax rate was 42% in 2015 (as in previous years) and was paid from taxable income of 52,882 or more dollars. Income of 250,731 was taxed at 45 percent (property tax).
The tax rate of 42% for taxable income from 53,666 (top tax rate) and the maximum tax rate of 45% only for income from 254,447? (Property tax) had to be paid from 2016. For spouses or life partners who have chosen the splitting process, income tax is levied on half of the community income and then increased to double (Section 32a (5) EStG).
Due to the progression of taxation in Germany, when choosing the common assessment in practice it results in practice that the common average tax rate is generally lower than for the separate assessment. This means that you usually pay less income tax in accordance with the split table than overall in accordance with the base table. For your personal income tax, you can try this on the income tax calculator by doing two calculations at the same time:
Enter the taxable income of the first partner on the left and the income of the second partner on the right. To do this, mark the individual assessment. The calculation then shows how much tax you would pay if you had opted for a separate assessment (ie a separate assessment for income tax). You then enter the taxable community income and select a contribution.
Now the computer determines the income tax that you would pay for a joint assessment based on the splitting process. In practice, even if there are exceptional cases, this splitting variant is the most tax-efficient. This is particularly true for married couples with a higher income differential.