How To Calculate Rebate U/S 87A With Example

Introduction & Importance

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How to Use This Calculator

1. Enter your annual income.
2. Enter the number of dependents.
3. Select the rebate rate.
4. Click ‘Calculate’.

Formula & Methodology

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Real-World Examples

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Data & Statistics

Income	Dependents	Rebate Rate	Rebate Amount
$50,000	2	10%	$5,000

Expert Tips

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  Interactive FAQ

  What is the maximum rebate I can get?

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  IRS Tax Topic 551 – IRS Tax Topic 552