How is the tax calculated?
A significant advantage of using SteuerGo instead of forms is the calculation and optimisation of refunds or additional tax payments. The tax calculation provides an overview of the expected tax assessment based on your data at any time.
In addition, SteuerGo offers further significant advantages compared to the usual presentation of the tax assessment:
- You can view calculation details by clicking on the amount of the expected tax liability. All coloured items can be clicked for further details.
- Clicking on total values takes you to detailed calculation sheets with interim results.
- By clicking on the name of an item, you are taken to the underlying input page.
- SteuerGo always shows the calculation for joint and separate assessment for spouses. This also serves as the basis for the final choice of assessment type.
- Based on your entries, SteuerGo provides valuable tips for tax optimisation and possible input errors.
Note: The final determination of the tax liability and any resulting tax refund or additional payment is made exclusively by the relevant tax office and may differ from the SteuerGo calculation.
How is the tax calculated?
What is the average tax rate?
The average tax rate indicates the percentage at which the taxable annual income is taxed on average.
To calculate the average tax rate, the tax amount is determined and then divided by the taxable income. The result is the ratio of tax to income.
What is the average tax rate?
What is the marginal tax rate?
The marginal tax rate indicates the percentage of additional income that must be paid in tax, or how a decrease in income provides tax relief. The tax rate for income tax increases as income rises.
According to the income tax table, a taxpayer's personal income is taxed at their personal tax rate. If the taxpayer's income increases, the marginal tax rate reveals the percentage at which the additional income will be taxed.
What is the marginal tax rate?
