Income Tax Calculator

Estimate federal tax refunds or amounts owed based on 2024 and 2025 tax brackets

The Income Tax Calculator estimates the refund or potential owed amount on a federal tax return. It is mainly intended for residents of the U.S. and is based on the tax brackets of 2024 and 2025. The 2025 tax values can be used for 1040-ES estimation, planning ahead, or comparison.

Modify the values and click the Calculate button to use

Tax Information

General Information

File Status

No. of Young Dependents (Age 0-16)

No. of Other Dependents (Age 17 or older)

Tax Year

2024 (return filed in 2025)

2025 (return filed in 2026)

Income

Wages, Tips, Other Compensation (W-2 box 1)

Federal Income Tax Withheld (W-2 box 2)

State Income Tax Withheld (W-2 box 17)

Local Income Tax Withheld (W-2 box 19)

Has Business or Self Employment Income?

Yes

Interest Income (1099-INT)

Ordinary Dividends

Qualified Dividends (1099-DIV)

Passive Incomes (e.g. rentals and real estate, royalties)

Short-term Capital Gain

Long-term Capital Gain

Other Income (e.g. unemployment pay(1099-G), retirement pay (1099-R))

State+Local Tax Rate (%)

Deductions & Credits

IRA Contributions

Real Estate Tax

Mortgage Interest

Charitable Donations

Student Loan Interest (Max $2,500/Person)

Child & Dependent Care Expense (Max $3,000/Person, $6,000 total, up to age 13)

College Education Expense

Student 1

Student 2

Student 3

Student 4

Other Deductibles

* The purpose of our Income Tax Calculator is to try to bridge the gap between the complexity of U.S. tax law, while providing a relatively simple to use calculator that attempts to condense a large assortment of complex tax paperwork. As a result, many assumptions are made, and though our calculators are developed with care in an attempt to reach the highest standards of quality possible, calculations should be considered estimates, and not perfect representations for all given situations.