IRS Form 1040 Tax Planner

Simplified US Tax Planner

Filing Status:

Number of Qualifying Children (Under 17):

Wages, Salaries, Tips:

Taxable Interest:

Ordinary Dividends:

Net Business Income/(Loss):

Other Taxable Income:

IRA Deduction (Simplified):

Student Loan Interest Paid:

Use Standard Deduction Itemize Deductions

State and Local Taxes (SALT) Paid: Capped at $10,000 per household

Home Mortgage Interest Paid:

Cash Charitable Contributions:

Note: Medical expenses, casualty losses, and other itemized deductions are not included in this simplified planner.

Estimated Federal Income Tax Withheld:

Gross Income
Adjustments to Income
Adjusted Gross Income (AGI)
Deduction Taken ()
Taxable Income
Calculated Income Tax
Est. Child Tax Credit (Total)
- Non-refundable Portion
- Simplified Refundable Portion (ACTC)
Estimated Final Tax Liability
Estimated Tax Withheld
Estimated Refund / (Amount Due)