Calculators for the trust tax questions, built from the tables and the code.
Ten tools: what a trust pays against a beneficiary, whether to distribute or retain, the inherited IRA deadlines, and the estate tax. Each opens in a small window on your site, with its sources and the date it was reviewed, in plain English. Free to place, nothing to maintain, no form. Each ends by telling the reader to talk with a professional who knows their whole situation.
All 10 tools
Taxes in retirement
RMD Calculator (opens in a new window)
Computes the withdrawal the law requires from your retirement account this year and projects the next ten years.
QCD or Cash Gift? (opens in a new window)
Compares giving to charity by writing a check with giving straight from an IRA, and shows which saves more.
Estate and inheritance
Distribute or Retain? Trust Income Calculator (opens in a new window)
Compares the tax if a trust keeps this year's income with the tax if it pays the income out to the beneficiary.
Inheritance in Trust or Outright: The Tax Drag (opens in a new window)
Shows the yearly tax cost of leaving an inheritance in a trust that keeps its income, compared with leaving it outright to the heir.
Inherited IRA Rules (opens in a new window)
Tells you which withdrawal rule applies to a retirement account you inherited, and by what year it must be empty.
Illinois Estate Tax Calculator (opens in a new window)
Estimates the estate tax Illinois and the federal government would charge on what you leave behind.
Portability Election Calculator (opens in a new window)
Shows what filing an estate tax return at the first spouse's death, to carry over their unused exclusion, is worth to the survivor.
Gift Tax Return Checker (opens in a new window)
Tells you whether a gift needs a gift tax return, and how much of it counts against your lifetime exclusion.
Step-Up in Basis Calculator (opens in a new window)
Shows the new tax cost of an asset after a death, and how much profit is never taxed because of it.
Trust Income Tax Brackets (opens in a new window)
Shows how much federal income tax a trust pays on income it keeps, and how that compares with a person paying tax on the same money.
Add these calculators to your blog
Copy it, paste it into a new post, done. Nothing to install, nothing to maintain.
A ready-made post for your blog, with every calculator above.
Change the intro to your own words if you like.
- 1Open Posts, then Add New, and give the post a title.
- 2Add a Custom HTML block (type /html). In the classic editor, use the Code tab.
- 3Paste, preview, publish. Do this as an administrator.
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All 10 tools are included. Change which ones
Taxes in retirement
Estate and inheritance
Why firms put these on their sites
- It ends with you
- Every tool closes by telling the reader to talk with a professional who knows their whole situation. The reader is on your site, so the next step is your door.
- Something to do, not just read
- A visitor who runs their own numbers stays longer than one who reads, and the number they get is the question they bring to you. Every figure traces to a statute, regulation, or agency release, and when the law moves, it changes here.
- In plain words
- Every tool opens with a plain-English line on what it does and where it stops, so visitors use it without help and know its limits.
Built by Joshua Mangoubi, CFA, MBA. Joshua is a financial adviser who likes building things that help people think clearly about money. We hope these are useful to you and your clients. The tools are educational estimates from primary sources, not advice. Corrections are welcome through the contact page.
Terms. Cite any page, quote any figure with the year attached, or use the links above with the attribution left as it is; add nofollow or any other attribute to the links if you like. No reciprocal link, ever. All 19 professional shelves.