Tax Calculator

Fill out the form below to calculate your federal and state tax obligations based on your income sources and deductions.

Tax Tips

Fill out all sections accurately to get the most precise tax calculation. Don't forget about potential deductions that can lower your tax burden.

Basic Information

Your filing status determines your tax rates and standard deduction.
This helps tailor the calculator to your specific tax situation.
Your state of residence determines your state income tax obligations.

Income Sources

$
Enter your annual salary before taxes but after pre-tax contributions.

Trading/Investment Income

$
Gains from assets held more than 1 year (stocks, bonds, crypto, etc.)
$
Gains from assets held one year or less (taxed as ordinary income)
$
Dividends eligible for the lower capital gains tax rate
$
Dividends taxed at your ordinary income rate
$
Gains from futures contracts (taxed at 60% long-term, 40% short-term)
$
Total from all trading and investment sources above
$
Enter your net profit from self-employment activities.

Deductions

Toggle off to enter itemized deductions instead.

Itemized Deductions

$
Annual contributions to tax-advantaged retirement accounts.
$
Annual contributions to your HSA.
$
Annual contributions to your FSA.
$
Eligible medical expenses (only expenses exceeding 7.5% of AGI are deductible).
Qualifying children or relatives who are your dependents.
$
Annual home office expenses (for self-employed individuals).
$
Annual donations to qualifying charitable organizations.
$
Annual mortgage interest paid.
$
Annual student loan interest paid (limited to $2,500).

Review & Calculate

Please review your information before calculating your taxes. Once you're ready, click the "Calculate Taxes" button below.

Basic Information

Filing Status:
-
Income Type:
-
State:
-

Income Sources

Salary/Wages:
$0.00
Trading Income:
$0.00
Self-Employment:
$0.00
Total Income:
$0.00

Deductions

Deduction Type:
Standard Deduction
Notable Deductions:
-