2015 Federal income tax estimator

Get a Jumpstart On Your Taxes! Industry-Specific Deductions. Get Every Dollar You Deserve. File Taxes From Your Home. Tax Return Calculators , Tools.

The federal income tax system is progressive, so the rate of taxation increases as income increases.

Marginal tax rates range from to. Taxes are unavoidable and without planning, the annual tax liability can be very uncertain. Use the following calculator to help determine your estimated tax liability along with your average and marginal tax rates.

How do you calculate federal income tax? What is taxable income brackets? This includes taxpayers who owe alternative minimum tax or certain other taxes, and people with long-term capital gains or qualified dividends.

Access IRS Tax Forms. Complete, Edit or Print Tax Forms Instantly. 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.

Find to important personal tax questions without having to read long and complicated tax documents. The calculator will calculate tax on your taxable income only. Does not include income credits or additional taxes.

The top marginal income tax rate of 39. Tax refunds are calculated by subtracting the amount of federal income taxes withheld from your total income taxes due for the year. If the amount withheld from your paychecks for taxes exceeds the amount you owe, then you will receive a refund. There are several factors that can impact how much income tax you pay and how much you get back as a. Maximum Refund Guaranteed. However, the earnings amounts that fall into each tax rate were adjuste as usual, for inflation.

It is mainly intended for residents of the U. By using this site you agree to the use of cookies. Income Tax Calculator. This calculator computes federal income taxes , state income taxes , social security taxes , medicare taxes , self-employment tax , capital gains tax , and the net investment tax. The provided information does not constitute financial, tax , or legal advice.

You can also estimate your tax refund if applicable. Federal Reserve news ;. Welcome to the new Tax -Rates. When it comes to your taxes , it’s best to have some idea where you stand before meeting with your Tax Pro.

If you owe, you have more time to gather the money. If you get a refund you can plan how you will use the funds. This tax calculator is solely an estimation tool and should only be used to estimate your tax liability or refund.

It should not be used for any other purpose, such as preparing a federal income tax return, or to estimate anything other than your own personal tax liability. Our income tax calculator calculates your federal , state and local taxes based on several key inputs: your household income , location, filing status and number of personal exemptions.