Income Tax Calculator

Estimate income tax with transparent assumptions.

File Status

No. of Young Dependents

No. of Other Dependents

Tax

year

Age

years

Wages, Tips, Other Compensation

Federal Income Tax Withheld

State Income Tax Withheld

Local Income Tax Withheld

Business Income

Estimated Tax Paid

Social Security Income

Interest Income

Ordinary Dividends

Long-term Capital Gains

Other Income

State+Local Tax Rate

IRA Contributions

Mortgage Interest

Charitable Donations

Student Loan Interest

Other Deductibles

Medicare Wages

Qualified Dividends

Passive Incomes

Short-term Capital Gains

Tips Income

Overtime Income

Car Loan Interest

Real Estate Tax

Child & Dependent Care Expense

College Education Expense

College Education Expense 2

College Education Expense 3

College Education Expense 4

ESTIMATED REFUND$2,939.00

Gross income: $85,000.00; taxable income: $70,400.00; federal tax after dependent credits: $10,541.00; state/local tax: $3,520.00; total payments: $17,000.00.

Estimate based on the values shown

Formula checkedApplies ordinary federal brackets to taxable income, approximate dependent credits, state/local rate, and entered payments. Includes qualified income and current deduction categories.

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