2016 Federal tax return estimate

Free for Simple Tax Returns. Maximum Refund Guaranteed. Bigger Refund or Larger Paychecks? Print an Updated W-4. Industry-Specific Deductions. Get Every Dollar You Deserve.

Prevent new tax liens from being imposed on you. No Matter Where You Live! Ready To Get Started? Access IRS Tax Forms.

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. You need to estimate the amount of income you expect to earn for the year.

Individual Income Tax Return.

IRS Use Only—Do not write or staple in this space. See separate instructions. If a joint return , spouse’s first name and initial. Your first name and initial.

Rest assured that our calculations are up-to-date with all tax law changes to give you the most accurate estimate. How do you file federal tax? Did you withhold enough in taxes this past year?

Use this calculator to help determine whether you might receive a tax refund or still owe additional money to the IRS. Remember this is just a tax estimator so you should file a proper tax return to get exact figures. Estimated Income Tax Brackets and Rates. The top marginal income tax rate of 39. Tax Exemptions and Deductions: What You Need to Know.

To help you estimate your itemized deductions, here is a list of some of the more popular deductions that are only available to. A tax return calculator takes all this into account to show you whether you can expect a refund or not, and give you an estimate of how much to expect. In its simplest form, tax returns are issued when the amount of money being withheld from your paycheck for taxes exceeds the amount you owe the IRS. When this happens, you are due a tax return from the government. Conversely, you may owe if the money you withheld is too low.

Tax deductions, on the other han reduce how much of your income is subject to taxes.

Deductions lower your taxable income by the percentage of your highest federal income tax bracket. For example, if you fall into the tax bracket, a $0deduction saves you $250.