The Estate Planning Team, Inc.
Income Tax Savings Calculator

Who should use this calculator?
•  People who are concerned about overpayment of income taxes
•  People whose income taxes are steadily rising during lifetime
•  People who want to accomplish something (better lifestyle, solve other problems) rather than paying more in income taxes than is absolutely necessary

What you will learn:
•  How much you could save each year in income taxes
•  How much you are overpaying in income taxes
•  How much your effective income tax rate is (If you plan to use the IRA calculator, write this number down)

Important Considerations
This calculator only shows surface tax savings, in other words events that are not shown on your tax return (ie: future IRA distributions) can still mean potential tax savings.  While this calculator may be helpful as a starting point for you to gather information, it should not be used to replace the comprehensive income tax evaluation that is offered by The Estate Planning Team, Inc.  This consultation evaluates your entire income tax picture for all areas of potential savings. To schedule a free private income tax evaluation, call (440) 239-2090 or email help@tept.com.