2017 Tax predictor

Free for Simple Tax Returns. Much You'll Get Back This Year. Maximum Refund Guaranteed. Industry-Specific Deductions. Get Every Dollar You Deserve.

Include your income, deductions, and credits to calculate.

Tax exemptions lowered taxable income, resulting in a lower tax bill. Be extensive and add all your income, status of filing, deductions, and credits to claim. A dependent is someone you support and for whom you can claim a dependency exemption.

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 in April. These services are provided only by credentialed CPAs, Enrolled Agents (EAs), or. Taxpayers are expected to file a grand total of 229. People with more complex tax situations should use the instructions in Publication 50 Tax Withholding and Estimated Tax.

This includes taxpayers who owe alternative minimum tax or certain other taxes , and people with long-term capital gains or qualified dividends.

Think of this as your. Access IRS Tax Forms. Complete, Edit or Print Tax Forms Instantly. Both reduce your tax bill, but in different ways. Tax credits directly reduce the amount of tax you owe, dollar for dollar.

A tax credit valued at $00 for instance, lowers your tax bill by $000. Tax deductions, on the other han reduce how much of your income is subject to taxes. Social Security portion of self-employment taxes (FICA). All self-employment income is subject to the Medicare tax of 2. 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.

Tax calculated using Qualified dividend and Capital gain tax worksheet is $. It may vary from the taxes calculated directly using the tax brackets above. Your maximum tax bracket is. 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. 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.

Easily file federal and state income tax returns with 1 accuracy to get your maximum tax refund guaranteed. Start for free today and join the millions who file with TurboTax.