Tax Provision Calculator
Calculate quarterly tax provision with current and deferred components.
Inputs
$
%
%
$
$
Results
Total Tax Provision
$260,525
Current Tax Expense$273,000
Deferred Tax (Benefit)/Expense$12,475
Effective Tax Rate26.1%
Quarterly Provision (YTD)$65,131.25
Projected Annual Tax$260,525
Remaining Quarters3
How to Use This Calculator
- Enter year-to-date pre-tax book income.
- Set your federal corporate tax rate (21% for US C-corps) and applicable state rate.
- Enter any permanent differences (non-deductible expenses or tax-exempt income).
- Input temporary differences (timing differences that will reverse in future periods).
- Review current tax expense, deferred tax asset/liability, and total tax provision for the period.
Ad Placeholder
Related Calculators
Ad Placeholder