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Estimate your federal income tax withholding; See how your refund, take-home pay or tax due are affected by withholding amount; Choose an estimated withholding amount that works for you; Results are as accurate as the information you enter.
Curious about how much you may owe or get back when you file taxes in April 2025? Use this free income tax calculator to project your 2024 federal tax bill or refund.
To figure your estimated tax, you must figure your expected adjusted gross income, taxable income, taxes, deductions, and credits for the year. When figuring your estimated tax for the current year, it may be helpful to use your income, deductions, and credits for the prior year as a starting point.
The Tax Withholding Estimator on IRS.gov makes it easy to figure out how much to withhold. This online tool helps employees withhold the correct amount of tax from their wages. It also helps self-employed people who have wage income estimate their quarterly tax payments.
1040 Tax Calculator. Enter your filing status, income, deductions and credits and we will estimate your total taxes. Based on your projected tax withholding for the year, we can also estimate your tax refund or amount you may owe the IRS next April.
The income tax return calculator estimates your refund or taxes owed based on income, deductions, and credits. By inputting relevant data, it uses tax brackets and rules to provide an accurate calculation.
Free online income tax calculator to estimate U.S federal tax refund or owed amount for both salary earners and independent contractors.