Tax Estimate Calculator
Federal Tax Estimator 2025
Disclaimer: This tool is for educational and estimation purposes only and should not be considered a substitute for professional tax advice. Many factors influence your actual tax liability and refund, and this calculator provides a simplified estimate. For an accurate determination and to ensure you maximize your return while remaining compliant, it is highly recommended to consult with a qualified tax professional.
Important: This estimator calculates *Federal* income tax only. It does NOT account for state or local income taxes, which can significantly impact your overall tax situation. Please consult a tax professional for state-specific guidance.
Your Information
Your Estimate
Deductions Applied:$30,000 (Standard for Married Filing Jointly: $30,000)
Estimated Taxable Income:$120,000
Estimated Federal Tax Liability:$11,060.88
Tax Credits: $0.00
Federal Tax Paid: $16,000.00
Estimated Refund: $4,939.12