It's great to know ahead of time if you're going to owe money on your income taxes or if you're getting a large income tax refund. Our calculators help you determine withholdings and potential tax returns. This is great information especially in the middle of the year when a calculator can tell you that you need more tax withheld from your income.
Our calculators can also help you with estimated business tax and sole proprietor income tax. Each calculator will ask you to fill in the appropriate income information, the tax quarter you're filing, and help you estimate the tax owed.
To get started, type all of your W-2 income tax information into our calculator. We offer several tax calculators to show you different dimensions of your tax liability or potential income tax refund. Our calculators are always free to use, but you are encouraged to double check figures with your income tax professional.
*CalcXML.com provides the most accurate Tax Calculators and Income Tax figures based on the most recent IRS Income Calculator data. Our Calculator is accurate, but please check with your Income Tax Preparer and use their calculators to ensure accuracy before filing your Income Tax returns. Our Tax Calculators are also based on current IRS standards. CalcXML is not liable for incorrect Income Tax calculations of any kind especially user error with the calculators. © 2012 Income Tax Calculator.