Rental Income Tax Calculator

Estimate tax on property rental income with deductible expenses.

Results

Annual Rental Income$24,000.00
Expenses-$8,000.00
Net Rental Income$16,000.00
Income Tax-$140.00
Social Contributions-$0.00
Total Tax$140.00
Net After Tax (Annual)$15,860.00
Net Monthly$1,321.67
Effective Rate on Gross Rent0.6%

Country-Specific Rules

Schedule E: Passive income. Deduct mortgage interest, depreciation, repairs, insurance, property taxes.

Country Comparison

CountryTaxNet/mo
Japan$0.00$1,333.33
Sweden$0.00$1,333.33
Norway$0.00$1,333.33
Denmark$0.00$1,333.33
Finland$0.00$1,333.33
United States$140.00$1,321.67
United Kingdom$140.00$1,321.67
Germany$140.00$1,321.67
France$140.00$1,321.67
Netherlands$140.00$1,321.67