Example of the Tax Apportionment Calculator

The picture below shows the type of tax setting a user in USA might use.

The Tax Apportionment Calculator used for the apportionment of tax

     Download the Tax Apportionment Calculator

In the Tax Type panel, the first option (on the left of the panel) relates to the direct tax option that has been selected on the Tax Options panel. The Income Tax option (the second on the right of the panel) uses the Income Tax year option that is loaded in the Income Tax Rates tab.

If neither the Year 1 or Year 2 settings have been load into the Income Tax Rates tab, and the Income Tax option has been selected in the Tax Type panel on the Apportionments tab, a window will open when the Calculate button in clicked. This window provides the choice for selecting the Year 1 or Year 2 Income Tax settings for the purpose of the apportionment calculation.

To complete an apportionment on the basis of the option selected in the Tax Type panel, first select the basis for and apportionment – Percent or Ratio.

Next enter the amount to be apportioned in the Total Inclusive input box that is in the first row.

Thirdly, completed the relevant amount (percent or ratio) in the input boxes in the first column on the left by starting with the first entry in the top input box in the first column. Complete one percentage or ratio before starting the next part of the percentage or ratio in the next input box down. Continue until the percentages or ratios are complete.

Then when the details of the percentages or ratios to be used in the calculation are complete, press the keyboard’s Enter key to complete the calculation.

The resulting figures from a calculation may be copied by moving the mouse curser to a relevant number and then use the right mouse button to open the copy menu.

More ...

     

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