Federal Income Tax

Albert Einstein was attributed as saying, "The hardest thing in the world to understand is the income tax." Use the following calculator to help get a rough estimate of your tax liability.
Personal Tax Information
Tax filing status 
Taxable gross annual income subject to personal rates (W-2, unearned/investment, business income not eligible for 20% exemption amount, etc) ($) 
Qualified plan/IRA contribution ($) 
Itemized deductions (state/local and property taxes capped at $10,000) - $0 for Standard ($) 
Number of dependent children under 17 with SS# 
Number of non-child dependents 
Amount of gross income considered "unearned"/investment income ($) 
Are you (and your spouse if filing jointly) either blind or over age 65? 
Business/Self-Employed Income
Total company pass-through income ($) 
Individual company ownership (%) 
Total company capital assets ($) 
Total company W-2 wages ($) 
   
This calculator provides an estimate of your total taxes. It should not be used as a final determination of your federal tax liability; consider working with a tax professional for specific information regarding your individual situation. Whether you are eligible for a tax refund or required to pay addition taxes would depend on a variety of factors, including withholdings, taxes paid, and tax credits. Alternative minimum tax was not considered with this calculator.

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