Income Tax Calculator
Note: When entering dollar amounts do not use commas.
EXEMPTIONS:
Enter your total exemptions. You can count yourself as an exemption if you are not claimed as a dependent on another person's return. You can take an exemption for each of your dependents. Generally, you must have provided over half of the person's total support. ReturnWAGES:
Add together all taxable wages including your wages, salaries, tips, etc. If status is married include your spouse's income. For most people the amount to enter on this line is in box 1 of their W-2 form. ReturnOTHER INCOME:
Enter any other taxable income not entered above such as: prizes and awards, gambling winnings, income from rental of personal property, etc. ReturnADJUSTMENTS TO INCOME: (IRA)
Enter your deductible IRA contributions, alimony payments, moving expenses, student loan expenses, etc. ReturnITEMIZED DEDUCTIONS:
State Income Tax
Enter your state income tax withheld for the year. ReturnMortgage Interest
You can generally deduct any mortgage interest you pay on your home during the year. You can not deduct personal interest such as car loans unless they are part of a deductible home equity loan. ReturnContributions
Enter your deductible cash and non-cash deductible donations for the year. You can not deduct donations unless given through a recognized charitable organization. ReturnOther Deductions
Enter any other deductible itemized deductions such as medical expenses. ReturnOTHER PAYMENTS:
Enter any other Federal Income tax withheld or paid for the current year. Such as taxes withheld on interest and dividends or retirement income. Return