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Free Trader Tax Tools

Know Exactly Where You Stand Before You File

Use any tool below — no signup required. Your results are saved automatically so nothing is lost when you're ready to get matched with a CPA.

8
Free tools
2 min
Average time
$0
No signup needed
100%
Trader-specific
Your progress
0 of 8 tools used
Start here — most popular
Core calculators
Live
Calculator
Trader Tax Estimator

Enter your income, state, and trading type. Get a federal + self-employment + state tax breakdown in 60 seconds. W-2 income included.

All traders W-2 combo State tax
Use Calculator → ⚡ Most used
🔥 High Impact
Wash Sale
Wash Sale Impact Calculator

See exactly how much wash sales are costing you. Enter your disallowed losses and find out the real tax hit — and how to avoid it going forward.

Stock traders Options High impact
Calculate Impact →
Live
Calculator
Capital Gains Estimator

Short-term vs long-term gains, net investment income tax, and how your trading gains stack on top of other income. Built for active traders.

Stocks Options Crypto
Estimate Gains →
Live
Calculator
Crypto Tax Calculator

Trades, swaps, staking, mining, airdrops and NFTs each land in a different bucket. Estimate all of them at once — including the 28% collectibles cap that may apply to NFTs.

DeFi Staking NFTs
Estimate Crypto Tax →
🔥 Trending
Calculator
Prediction Market Tax Calculator

Kalshi and Polymarket gains can be characterized four different ways — and the bill changes a lot depending on which. Model §1256, capital gain, gambling and ordinary income side by side.

Kalshi Polymarket Event contracts
Estimate My Tax →
Trader-specific qualifiers
Live
Qualifier
Trader Tax Status Qualifier

Find out if you qualify for Trader Tax Status (TTS) — one of the most powerful tax designations available to active traders. Unlocks business expense deductions.

Day traders Active traders High value
Check Qualification →
💰 Big Savings
Strategy
Mark-to-Market Savings Estimator

See the tax difference with vs without the MTM election (IRC §475). This single election can save some traders tens of thousands per year.

Active traders High income IRC §475
Estimate Savings →
🔥 Popular
Quiz
"Are You Overpaying?" Quiz

7 quick questions. Find out if you're overpaying the IRS and get an estimated dollar amount you could be saving with the right tax setup.

All traders Quick — 2 min
Take the Quiz → ⚡ New
Find money you're leaving on the table
Live
Prop Firm Exclusive
Prop Firm Tax Calculator

Apex, TopStep, FTMO, Tradeify, Take Profit — your payouts come on a 1099-NEC with 15.3% SE tax on top. See exactly what you'll owe and how much an S-Corp could save you.

1099-NEC SE Tax S-Corp Savings
Calculate My Prop Firm Tax →
Live
Deductions
Missed Deductions Finder

A checklist-style tool covering home office, software, education, equipment, data feeds, and more. Most traders miss 5–10 deductions every year.

All traders Business expenses
Find My Deductions →
Live
Entity Tool
S-Corp Savings Calculator

Enter your net trading or prop income and see what an S-Corp could typically save on self-employment tax — including the honest break-even math.

Prop traders $80K+ income Entity setup
See My S-Corp Savings →
Live
Master Tool
Tax Savings Estimator

The big picture tool. Combines income, trading volume, entity structure, and deductions to show your total potential savings with proper setup.

All traders Full picture Entity analysis
See My Savings →
Coming Soon
Readiness
CPA Readiness Score

Find out how ready you are to hand off to a CPA. Get scored and see exactly what's missing from your document package before you start.

Pre-filing Document check
Notify me when live
Common questions
Are the TraderTax calculators free to use?
Yes. Every calculator on this page is free and none of them require an account or a payment. Most ask for an email before showing your results so we can send you a copy and so a CPA can pick up where you left off — the math itself costs nothing either way.
How accurate are the estimates?
Each tool applies the federal bracket year shown in its own results panel, plus state effective rates, NIIT, and the IRS Section 1256 60/40 split for futures and broad-based index options. They're built for planning, not filing — a CPA review typically catches edge cases like wash-sale chains, mark-to-market elections, and multi-state allocation that a calculator can't see.
What is Trader Tax Status (TTS)?
Trader Tax Status is an IRS designation that typically lets active traders deduct trading expenses (software, data, education, home office) on Schedule C and elect mark-to-market accounting under Section 475(f). Qualification depends on frequency, holding period, intent, and time spent, and every situation varies — our TTS Qualifier scores you against the four-factor test as a starting point.
Will my data be saved if I use a calculator?
The math runs in your browser, and your progress across tools is kept in your browser's local storage so it carries over if you create an account. When a tool asks for your email to unlock results, that email and the figures you entered are saved to your TraderTax lead record so a CPA can pick up the thread. You can ask us to delete it at any time at hello@tradertax.net — see the privacy policy for the full picture.
Do prop firm traders need a different calculator?
Prop firm payouts from Apex, TopStep, Tradeify, Lucid and similar firms are reported on Form 1099-NEC as self-employment income rather than capital gains, so they're handled by the main Tax Estimator. The Wash Sale Calculator and Section 1256 Calculator generally don't apply — those are for personal brokerage accounts trading equities, options, and futures contracts directly.
Ready to file?
Your results are worth real money.
Let's put them to work.

Every tool you've used builds your tax profile. A TraderTax-matched CPA will use it to file your return, find every deduction, and save you the most possible.

No credit card needed to start. Used tools? Your data carries over automatically.