## Tax Form calculator

You are currently viewing Online T-Bill Calculator (Price and Rate of Return). Use the Tax Form Calculator to calculate your Federal and State Tax Return. Updated with 2018/2019 tax tables. You may also like our 2018 Tax Saving Tips.

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## T-Bill Calculator

The T-Bill calculator provides the value of a T-Bill based on the interest rate applied and the duration of the investment before the T-Bill reaches maturity.

You can find more information on T-Bills below the T-Bill calculator. If you are thinking of investing in T-Bills but don't think you have the spare money to invest, you should take a look at our Daily Expense Savings Calculator which helps to identify areas where you can save money each day and, what this money can do for your when invested wisely.

 Face Value of T-Bill 1000.00 5000.00 10000.00 25000.00 50000.00 100000.00 1000000.00 Amount to be received at end of period Other Value Maturity Period one month (4 weeks) three months (13 weeks) six months (26 weeks) Select maturity period from drop-down list, or enter details if not in list Other Period months weeks days Price Price paid for the T-Bill Profit Yield, or profit Percentage Percentage return for price paid Annual Percentage Percentage return calculated per annum

You can refine the t-bill calculations by controlling the number of decimal places that the calculator calculates to. The default is 2 decimal places.

### What are T-Bills and how do T-Bills work?

T-Bills are discounted bonds. In simple terms this mean the T-Bills sell below value and mature at their value. When reviewing T-Bills, the higher the interest rate is, the less the T-Bill will be and vice-versa.

T-Bills can be set up by making single investments or repeat purchasing by directly funding from your checking account. T-Bills can seem complex, an easy way to understand T-Bills is with an example. Let's say you want to buy a T-bill with a \$1,000.00 investment. You will actually be charged \$980.00 or so, you then receive the \$1000.00 when the T-Bill reaches maturity. The \$980 figure is calculated based on the discount rate, basically subtracting the interest required to make the \$1,000.00. T-Bills function as though you are aiming at a final amount.

T-Bills may seem like a low return investment but, when you consider the return across a year, that can translate into a good return on investment, particularly if you re-invest your money back into T-Bills. This provides a compound interest savings approach

### T-Bills - Food for Thought

The downside of T-Bills is that the discount rate isn't published ahead of the investment and the rates don't always keep track with inflation. T-Bills do however allow the reinvestment of American money back into the American economy meaning less foreign borrowing and a stronger Dollar. That is probably not your biggest concern when investing your money but a strong dollar does drive better interest rates and mean cheaper imports (good if you like your technology from the Far East).

You can discover more about T-Bills and how to purchase T-Bills at the Treasury Direct website [Opens in a new tab].

## T-Bills - Share your expereince and feedback

We hope the T-Bill Calculator and supporting information are useful for you when considering investing in T-Bills or calculating the value of your T-Bills. Have you have had good or bad experiences with T-Bills we would be grateful if you could share your experience to help those who are considering investing in T-Bills but are unsure if they are a good investment. If you would like to add anything to the information provided about T-Bills or have any general comments in regard to T-Bills, please leave your feedback below.