Calculator · Taxes & allowances
Distribute your saver's allowance across banks and brokers without leaving allowance unused.
The calculator allocates the German saver's allowance across banks and brokers. Its goal is transparency on where allowance is used or left unused.
Investboard shows how much allowance is already used and where reserves may emerge over the year.
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EUR 1,000 for individuals, EUR 2,000 for married couples filing jointly. This amount has been unchanged since 2023.
No, the total must not exceed EUR 1,000, but it can be less. Any unused allowance expires at the end of the year. Exceeding the limit is a regulatory offence (Ordnungswidrigkeit).
Ideally at the beginning of the year, if your portfolio structure or expected income has changed. Especially important: when you switch brokers or open new accounts.
The Vorabpauschale is debited against the Sparerpauschbetrag at the beginning of January. If your Freistellungsauftrag at that broker is set too low, tax will be charged.
Yes, through your tax return (Anlage KAP). However, this involves effort and a wait of several months. A correctly allocated Freistellungsauftrag avoids this problem entirely.
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Calculate now →Inputs
Aktuell für 2026Your Tax Profile
of EUR 1.000
Freistellungsauftrag
| Broker | Expected | Current | Optimal | Difference |
|---|---|---|---|---|
| Broker 1 | EUR 0 | EUR 0 | EUR 0 | EUR 0 |
| Broker 2 | EUR 0 | EUR 0 | EUR 0 | EUR 0 |
| Total | EUR 0 | EUR 0 | EUR 0 |
The Freistellungsauftrag (FSA) instructs your bank to leave investment income up to the specified amount tax-free. Without an FSA, your bank will withhold Abgeltungsteuer (flat-rate capital gains tax) from the very first euro. The Sparerpauschbetrag (saver's lump sum) is EUR 1,000 for individuals and EUR 2,000 for jointly assessed married couples.
You can split the allowance across any number of banks and brokers. The total of all Freistellungsaufträge must not exceed the Sparerpauschbetrag — exceeding it is a regulatory offence (Ordnungswidrigkeit).
The January surprise: The Vorabpauschale (advance lump sum) for accumulating ETFs is debited from the Sparerpauschbetrag at the beginning of January. If your FSA at that broker is too low, tax is due immediately — even though you may still have unused allowance at another bank.
The forgotten broker: When switching brokers or closing a Tagesgeldkonto (savings account), people often forget to cancel the old Freistellungsauftrag. The result: wasted allowance or — worse — exceeding the total limit.
The blanket 50/50 split: Many investors divide the FSA equally without considering the expected income per broker. This leads to unused allowance at one bank while tax is withheld at the other.