Federal Income Tax Calculator
Estimate your federal tax refund or amount due for years 2018-2025.
Disclaimer: This calculator is for informational purposes only and should not be considered financial advice. Consult a qualified professional for tax planning.
How to Use This Calculator
- Select Tax Year & Filing Status: Start by choosing the correct year and the filing status that applies to you.
- Enter Income & Deductions:
- Gross Income: Enter your total income for the year before any taxes or deductions are taken out.
- Above-the-Line Deductions: Input specific deductions (e.g., student loan interest, IRA contributions) to calculate your Adjusted Gross Income (AGI).
- Enter Tax Credits & Additional Taxes:
- Nonrefundable Tax Credits: These can reduce your tax to zero, but you don't get any amount back as a refund.
- Additional Taxes: Input other federal taxes, such as self-employment tax.
- Refundable Tax Credits: These are paid out in full, even if your tax liability is zero.
- Enter Payments Made: Input the total federal income tax you've already paid through paycheck withholding and any quarterly estimated payments.
- Click Calculate: See your estimated refund or amount due, tax bracket, and a full calculation summary.
Your Estimated Results
Estimated Tax Due
Marginal Tax Bracket
Effective Tax Rate
Potential Underpayment Penalty
Calculation Summary
Gross Annual Income:
Above-the-Line Deductions:
Adjusted Gross Income (AGI):
Standard Deduction:
Taxable Income:
Tax Before Credits:
Nonrefundable Tax Credits:
Tax After Nonrefundable Tax Credits:
Additional Taxes:
Total Tax:
Refundable Tax Credits:
Total Payments:
Final Amount Due: