Federal Income Tax Calculator
Yup, we all have to pay taxes, well, all of us except those corporations and companies that seem to create our corrupt politicians and the tax loopholes that go along with it.
The IRS can be pretty unreasonable when it comes to paying your taxes owed in a timely manner. Penalties and interest charges await those who miss tax payment deadlines and fall behind on their taxes.
Our Federal Income Tax Calculator is a great tool to keep you informed on what you will owe on your income tax, Medicare tax, and Social Security tax so that you can be better prepared to meet your tax payment obligations when they become due.
You can calculate federal taxes due to the IRS in just a few minutes. This federal tax calculator below requires a net income figure since it does not take tax deductions into account.
If you have deductions or would like a more accurate calculation use the Free TurboTax or H&R Block calculators to calculate federal tax refund or liability.
Calculate Income Tax Liability
This tool can be used year round to keep track of your tax liability as life changes along the way.
The TurboTax TaxCaster allows taxpayers to make changes to income, tax deductions, charitable tax breaks and benefits on the fly so that your always aware of what your obligation is going to be with the Internal Revenue Service.
Using a tax calculator to get a good picture of your liability can be the best tool to help you reduce or even eliminate any anxiety by removing the uncertainty, and giving you a tax estimate on your financial obligation to Uncle Sam. This allows you to focus on meeting that financial obligation.
Our tax calculators are estimation tools and should only be used to estimate your tax liability or refund. The calculation is only as accurate as the information you enter. No personal identity data required.
You may also want to Calculate Federal Tax Withholdings to insure your paying enough in from every paycheck to avoid ending up with a big tax bill due at the end of the year. This tool will help you make adjustments to your paycheck withholdings to avoid penalties and interest charges that may result from underpayments.