Payroll Tax Refund Estimator

Federal Income Tax Refund Estimator (Employee)

Estimate your federal income tax refund or amount owed based on your estimated annual tax information.

Disclaimer: This is a simplified estimator for federal income tax ONLY. It does NOT calculate state/local tax, Self-Employment tax, or account for all tax rules, deductions, or credits. Consult a tax professional or use tax software for accurate calculations.

Your Estimated Annual Tax Information

Tax Year:

Ensure federal tax data for the selected year is accurate in the script code.

Estimated Total Annual Gross Income ($):

Include income from all sources (W-2 wages, 1099 income, etc.).

Estimated Total Annual Pre-Tax Adjustments/Deductions ($):

e.g., Traditional IRA contributions, HSA deductions. Reduces AGI.

Federal Filing Status:

Estimated Total Annual Itemized Deductions ($):

Enter if you plan to itemize deductions, otherwise leave 0. Only the amount exceeding your standard deduction will be used.

Estimated Total Annual Credits ($):

e.g., Child Tax Credit, education credits. Sum up all estimated credits.

Estimated Total Annual Federal Income Tax Withheld ($):

Sum of Box 2 on all your W-2s and Box 4 on all your 1099s.

Federal Income Tax Estimation (Tax Year )

Inputs Used:

Estimated Total Annual Gross Income:

Estimated Total Annual Pre-Tax Adjustments:

Federal Filing Status:

Estimated Total Annual Itemized Deductions:

Estimated Total Annual Credits:

Estimated Total Annual Federal Withheld:

Tax Year:

Calculation Summary:

Estimated Adjusted Gross Income (AGI):

Standard Deduction for Your Filing Status:

Deduction Applied (Greater of Standard or Itemized):

Estimated Taxable Income:

Estimated Tentative Annual Income Tax:

Estimated Total Annual Credits Applied:

Estimated Annual Tax Liability:

Estimated Refund or Amount Owed:

Calculation: Total Withheld - Estimated Tax Liability

Estimated Refund / Amount Owed: