Menu McLaughlin Investment Services connect Federal Income Tax What's Your Estimated Federal Income Tax Liability? Paying federal income taxes is one of most people’s least favorite annual activities. As a result, many people tend to procrastinate by not planning for their taxes each year and by completing and filing the forms at the last possible minute. This calculator is designed to help you estimate your annual federal income tax liability. Your tax filing status: Single Head of household Married filing separately Married filing jointly Your total pre-tax income (include W-2 income, interest, dividends, rental income, etc.): 0 100k 200k 300k 400k 500k Your total contributions made to all employer-sponsored plans this year (e.g., 401(k) plans, traditional IRAs, etc.): 0 6.5k 13k 19.5k 26k Previous Next This hypothetical example is used for illustrative purposes only. Actual results will vary. This information is not intended as tax, legal, investment, or retirement advice or recommendations, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek advice from an independent tax or legal professional. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. This material was written and prepared by Broadridge Advisor Solutions. © 2021 Broadridge Investor Communication Solutions, Inc. Securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC The LPL Financial Registered Representative(s) associated with this site may only discuss and/or transact securities business with residents of the following states: AZ, CA, FL, IA, KS, MN, MO, PA, TX. Site Map Back To Top