Tax Savings Calculator

Compare your standard deduction to itemized deductions (including donations) to see whether itemizing could save you more.

Inputs

Filing status

Tax year

Standard deduction varies by year.

State (federal-only for now)

Used for future state logic (SALT & state rules vary). Current results are federal-focused.

Estimated marginal tax rate

Tip: choose the bracket you expect your next dollar of income to be taxed at.

We estimate your deduction impact and show a few helpful tax filing flags.

Cash donations (qualified charities)

All donations were to 501(c)(3) organizations

Non-cash donations (fair market value)

Category (optional)

Items are in good condition or better

IRS requires “good condition” for many donated goods. If not, we’ll exclude it from the estimate.

Largest single non-cash item (optional)

Used only to flag appraisal requirements (e.g., items over $5,000).

Keep it simple with the big ones.

State + local taxes paid (SALT)

Capped at $10,000 (federal).

Mortgage interest (annual)

Loan originated after 2017

Include medical expenses

Adjusted gross income (AGI)

Used for the 7.5% medical threshold and the cash donation limit estimate.

Medical expenses paid

Only the amount above 7.5% of AGI is deductible.

Show a simplified estimate for cash donation limits and carryforward.

Show carryforward estimate