Calculate Your Income Tax For Free
It’s always a good idea to stay connected with your finances and it’s easy to calculate income tax liability any time of year to make sure you are saving enough, or paying in enough in taxes to avoid a big unpleasant surprise of owing more income tax.
You can Calculate income tax obligations with our simple income tax return calculator to get an estimate of what your financial obligation is to Uncle Sam.
Nobody likes unpleasant surprises but many of us go through the year without any clue as to how much we should be paying in for income tax payments. This in turn can end up being a big shock if some unforeseen lump of tax debt arises from income tax underpayments.
Don’t let this happen to you, it’s easy, quick and FREE to estimate your 2019 earned income tax liability anytime of year. Do this as personal income goes through changes that increase or decrease your income tax payment requirements.
Choose Your Filing Status To Calculate Income Tax
Single: Choose this filing status if you are divorced, legally separated or unmarried as of the last day of the tax year you are filing.
Married Filing Separately: Choose this status if you are married, you and you want to use the choice to file separate returns. The filing status for this option filing individually is “Married Filing Separately”.
Married Filing Jointly: Choose this filing status if you are married, and you choose to file a joint return with your spouse. If your spouse died during the tax year, you are still able to file a joint return for that year. You can also choose to file your return separately under the status “Married Filing Separately”.
Head of Household: This is the status that is used for unmarried individuals that pay for more than half of the cost for home upkeep. This home must be the main residence for the income tax filer and at least one qualifying relative. You may also choose this status if you are married, and didn’t live with your spouse at anytime during the last six months of the tax year. You will need to have provided more than half the cost for your home upkeep and have at least one dependent child living with you.
Qualified Widow(er): In general, you will qualify for this status if your spouse died during the previous tax year (not the current tax year) and your spouse and you filed a joint tax return in the year immediately prior to the death. You are required to have at least one dependent child or stepchild for whom you are the primary care provider.
Selecting the proper status above allows you to calculate income tax liability based on the proper tax filing status that best fits your situation.