Time domain induced polarization (TDIP) and frequency domain induced polarization (FDIP) synthetic models, incorporating three-dimensional (3D) anisotropic medium, were tested. In TDIP modeling, both resistivity and chargeability of the medium were anisotropic, and the apparent chargeability values were calculated by carrying out two resistivity forward calculations using resistivity with and without an IP effect. We analyzed the TDIP response of a 3D isotropic cube model embedded in the anisotropic subsurface half-space. In FDIP modeling, the complex resistivity of the medium at various frequencies was anisotropic. The complex resistivity was determined by a Cole-Cole model with anisotropic model parameters. We then analyzed the FDIP response of a 3D anisotropic cube model embedded in an isotropic subsurface half-space. Both of the TDIP and FDIP simulation results suggest that IP responses acquired in two orthogonal directions on the surface are different when the same arrays are used and acquisition in orthogonal directions helps resolve the presence of anisotropy. The anisotropy should be taken into account in practice for TDIP and FDIP exploration.