Income taxed by its own rules
Other tax situations
Rental property, an early retirement withdrawal, working abroad, a second income, an owner-operator truck, a creator brand deal, each taxed by rules a general calculator skips. All run in your browser; nothing is stored.
Some income does not fit the standard wage-or-1099 mould. Rent has depreciation, a retirement withdrawal can carry a penalty, foreign earnings can be excluded, and a brand's free product is taxable. Each of these tools is built for the specific rule that changes the number.
The situations
- Rental income depreciation, and Schedule E vs Schedule C
- Retirement withdrawal the early-withdrawal penalty and Roth conversions
- Foreign earned income (FEIE) the exclusion and its stacking rule
- Second income is the second job worth it after tax and costs?
- Trucking cost per mile owner-operator economics
- Brand deals creator income, and gifted product that is taxable
Questions
Why does income like rent or a retirement withdrawal have its own rules?
Because each is taxed on a different base. Rent is offset by depreciation and expenses on Schedule E; an early retirement withdrawal adds a 10% penalty on top of income tax; foreign earned income can be excluded up to a cap. A general calculator misses the rule that decides the answer.
Is a second job taxed at a higher rate?
Not by a special rate, but the whole second income stacks on top of the first, so it's taxed at your top marginal rate from the first dollar, and work costs and lost benefits can eat more of it than people expect. The second-income tool shows what you actually keep.
Do I owe tax on free product a brand sends me?
Usually yes. Gifted product given in exchange for promotion is taxable income at its fair market value, and it counts toward self-employment income. The brand-deal calculator prices that in.
Related
Estimates for the 2026 tax year on your own numbers, computed from the site's verified figures. Nothing you enter is stored. Not tax advice.