2024 Federal Income Tax Estimator

It's never too early to start tax planning! As the IRS begins releasing data, get a head start on your next tax return. If you plan on making changes to your income or personal situation, consider estimating the tax implications of a job change or addition of other income.

• Attention: This tax return and refund estimator is currently based on 2022 tax year tax tables. As soon as new 2024 relevant tax data is released, this tool will be updated. For now, prepare and e-file your 2022 IRS and state income taxes on Taxpert.com.
• This calculator is perfect to calculate IRS tax estimate payments for a given tax year for independent contractor income, unemployment Income, or other types of income for which taxes are not withheld. This estimator is integrated with a W-4 form tax withholding feature if you are a wage earner.
• In case you have any tax questions: Contact a Taxpert^® before, during, or after you prepare and e-file your returns. It's free to ask!
• Bookmark the link as this tax calculator will be updated during 2022 and 2023 with 2024 Tax Year data. 

Start the TAXstimator

Then select your IRS Tax Return Filing Status.

Tax Calculator, Refund Estimator for 2024 IRS Tax Returns

Exit

Estimated Results    $0000

1. Filing Status
2. Dependents
3. Income
4. Deductions
5. Other
6. Credits
7. Paid Taxes
8. Results
9. W-4 PRO

Estimate Your 2022 Taxes and Refund
Before you Prepare and e-File Your 2022 Return

Start the 2022 TAXstimator

Restart This Tax Return Calculator will calculate and estimate your 2022 Tax Return. Answer each question by either clicking on the options shown or by entering dollar ($) amounts or other values. For more help, click on the question mark symbol at the end of each question.

Filing Status Will Go Here

Select and click on your Filing Status below.

Single Head of Household Married Filing Jointly Married Filing Separately Qualifying Widow(er)

Your Date of Birth?

Are you legally blind?

Yes No

Are you claimed by another Taxpayer?

Yes No

---

Spouse's Date of Birth?

Is Spouse legally Blind?

Yes No

Can Spouse be claimed by another taxpayer?

Yes No

Restart Take a closer look at Dependents or Other Dependents so you can be certain you will make the right decision. Details about Dependents.

Do you qualify to claim one or more Dependent(s) on your tax return?

Yes No

Enter the number of Dependents under the age of 5 (as of Dec. 31, 2022) who qualify for the Child Tax Credit. Ask the Childucator

Enter the number of Dependents who qualify for the Other Dependent Tax Credit. Ask the Relative and Childucator

Restart Enter your and your spouse's estimated or reported annual 2022 income from all jobs and income sources. One income type is required in order to proceed to the next section.

2022 Annual Wages/Salaries W-2 or Paycheck based Income

Yes No

$

2022 IRS Taxes Withheld W-2 or Paycheck based IRS Taxes Withheld

Yes No

$

Unemployment Form 1099-G

Yes No

$

Self-Employment Form 1099-NEC or 1099-MISC

Yes No

$

Social Security Form SSA or Form 1042S

Have Social Security Income? Click here.

Retirement Form 1099-R etc.

Yes No

$

Farm Profit/Loss statement

Yes No

$

More Income

Rental / Real Estate Profit/Loss statement or 1099-MISC

Yes No

$

Interest / Dividends 1099-INT or 1099-DIV

Yes No

$

Long Term Capital Gains / Losses

Yes No

$

Short Term Capital Gains / Losses

Yes No

$

Alimony

Yes No

$

Refunds / Credits / Offsets

Yes No

$

Other Gains / Losses

Yes No

$

Other Income

Yes No

$

Based on your information, it looks like you only have Social Security income and if this is correct, you generally will not owe taxes or get a refund and may not need to file a tax return.

Restart Your 2022 Standard Deduction for You and Your Spouse - Should You Choose Standard or Itemized?

Standard Deduction

$

Deductible Part of Self-Employment Tax

$

Qualified Business Income Deduction

$

Medical / Dental Expenses

Yes No

$

Home Mortgage Interest Form 1098

Yes No

$

State and Local Taxes (SALT), Sales Taxes

Yes No

$

Charity Contributions

Yes No

$

IRA Contributions Form 5498

Yes No

$

Health Savings Acct. (HSA) Contributions Form 5498-SA

Yes No

$

Self-Employed Retirement Plan Contributions

Yes No

$

Self-Employed Health Care Premiums

Yes No

$

Alimony Paid

Yes No

$

More Deductions

Moving Expenses

Yes No

$

Student Loan Interest / Tuition and Fees Form 1098-T

Yes No

$

Educator Expenses

Yes No

$

Early Withdrawl of Retirement Penalty

Yes No

$

Casualty / Theft Loss

Yes No

$

Investment Interest

Yes No

$

Reservist / Performing Artists / Fee-basis Government Expenses

Yes No

$

Deduction for Other Taxes Paid

Yes No

$

Other Deductions

Yes No

$

Restart Are you responsible for any of these taxes or did you make any of these repayments for Tax Year 2022? Details.

Excess Advance Child Tax Credit Repayment

$

Alternative Minimum Tax

Yes No

$

First-Time Homebuyer Credit Repayment

Yes No

$

Unreported Social Security/Medicare

Yes No

$

Premium Tax Credit Repayment

Yes No

$

More Taxes

Tax on IRAs / Other Savings Accounts

Yes No

$

Household Employment Taxes

Yes No

$

Other Taxes You Pay

Yes No

$

RestartClick on the Tax Credits Help below for instructions on the amounts to enter - details.

Earned Income Tax Credit (EITC)

$

Child Tax Credit

$

Additional Child Tax Credit

$

Credit for Other Dependents

$

Child and Dependent Care Expenses Use the CAREucator to see if you qualify for this Expense/Credit.

Yes No

$

American Opportunity Credit Education Tax Credit Form 1098-T by an eligible educational institution

Yes No

$

Lifetime Learning Credit

Yes No

$

Premium Tax Credit for Health Insurance Reported via Form 1095-A to you

Yes No

$

More Credits

Retirement Savings Contributions Credit

Yes No

$

Residential Energy Credit

Yes No

$

Foreign Tax Credit

Yes No

$

Other Tax Credits

Yes No

$

Restart Enter the following Tax Payment amounts you made during Tax Year 2022. As a result, they will increase your tax refund or reduce your taxes owed.

IRS Federal Taxes Withheld Through Your Paycheck(s) As entered by you in the Income section from your W-2 or as an estimate.

$

Taxes You Paid When You Filed an IRS Tax Extension for your 2021 Taxes

Yes No

$

Excess Social Security Taxes Withheld in 2022

Yes No

$

2021 Tax Year Tax Overpayments

Yes No

$

2022 Tax Year Tax Estimates

Yes No

$

Restart

• Overview
• Details
• Forms

You have now Successfully Completed Your 2022 IRS Income Tax Return Calculation!

 

Estimated Tax Refund: $

Estimated Taxes Owed

$

It looks like you are not getting a tax refund, nor will you owe additional Taxes.

Enter your email address to have the detailed results emailed to you, including tax tips and promotions.

Enter Your Email Address

Yes, send me my 2022 Return results We will not share your email with anybody. You can unsubscribe at any time.

 

• Get your Tax Refund Anticipation or Tax Refund Money in the Bank date: use the DATEucator for your tax refund date.
• Now that you have your estimated refund or taxes owed, is your refund smaller than expected? Owe a lot of taxes? Are your results different than the results you have seen on other sites, such as TurboTax^®, H&R Block^®? Learn more why Tax Return Results differ.
• Don't get TurboCharged or TurboTaxed when you can e-file your returns on Taxpert.com! Taxpert Assistance!.
• Always get free Premium Taxpert^® Support: Get Tax Help!

 

Important 2022 W-4 Information: Once you have estimated/e-filed your 2022 Return, continue and click Next below to create and sign your 2022 W-4 Form and optimize your 2022 Tax Withholding based on your 2022 Return results or estimates. Do not create another W-4 for 2022 after Dec. 31. Or, use any of these four free W-4 tools later for this year or next year.

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Your Estimated 2022 Tax Return Details

Estimated Tax Refund

$

Estimated Taxes Owed

$

It looks like you are not getting a Tax Refund, nor will you owe additional Taxes.

Filing Status

 

Child Tax Credit Dependents

Other Dependents

Income

$

W2 Taxes Withheld

$

Adjustments to Income

$

AGI

$

Standard Deduction

$

Itemized Deductions

$

Taxable Income

$

Tax On Income

$

Other Taxes

$

Non-Refundable Credits

$

Payments / Refundable Credits

$

Your Estimated 2022 Tax Return Forms Needed

Based on the Information you entered on this 2021 Tax Calculator, you may need the following 2022 Tax Year IRS Tax Forms to complete your 2022 IRS Income Tax Return. State Forms are not listed here.

Form 1040 Version

Form 1040

Form 1040-SR

Supporting Schedules

Schedule 1 Additional Income and Adjustments to Income

Schedule 2 Additional Taxes

Schedule 3 Additional Credits and Payments

Income Forms

Form W-2 Wage and Tax Statement

Form 1099-INT Interest Income

Form 1099-DIV Dividends and Distributions

Form 1099-SSA Social Security Benefits Statement

Form 1099-R Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.

Form 1099-G Certain Government Payments

Form 1099-MISC Miscellaneous Income

Schedule B Interest and Ordinary Dividends

Schedule C Profit or Loss from Business (Sole Proprietorship)

Schedule D Capital Gains and Losses

Schedule E Supplemental Income and Loss

Schedule F Profit or Loss from Farming

Other Types of Income [[Link to Taxable Income Page]]

Deduction Forms

Schedule 8812 Qualified Business Income Deduction

Schedule A Itemized Deductions

Form 8283 Noncash Charitable Contributions

Form 1098-E Student Loan Interest Statement

Form 1098 Mortgage Interest Statement

Form 4952 Investment Interest Expense Deduction

Form 8889 Health Savings Accounts (HSAs)

Form 4684 Casualties and Thefts

Form 3903 Moving Expenses

Form 2106 Employee Business Expenses

Forms for Additional Taxes

Schedule SE Self Employment Tax

Form 6251 Alternative Minimum Tax

Form 5405 Repayment of the First-Time Homebuyer Credit

Form 8919 Uncollected Social Security and Medicare Tax on Wagest

Form 5329 Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts

Form 8962 Premium Tax Credit (PTC)

Schedule H Household Employment Taxes

Form 8959 Additional Medicare Tax

Form 8960 Net Investment Income Tax—Individuals, Estates, and Trusts

Credits Forms

Form 1040 Schedule 8812 Child Tax Credit

Form 1040 Schedule EIC Earned Income Tax Credit

Form 2441 Child and Dependent Care Expenses

Form 8863 Education Credits

Form 8962 Premium Tax Credit (PTC)

Form 8880 Credit for Qualified Retirement Savings Contributions

Form 5695 Residential Energy Credit

Form 1116 Foreign Tax Credit

Restart Create, sign, and share a newly updated W-4 Tax Withholding Form for 2022 based on these 2022 Tax Return estimates. You can always come back later and estimate your 2022 Taxes again and create a new W-4 Form.

This W-4 Pro tool does not impact your 2022 Tax Return. The tool will create a 2022 W-4 or Tax Withholding Form(s) for you (and your spouse, if applicable) that is based on these your 2022 Tax Return results. More W-4 Details. Manage your tax return goals via your W-4 Form(s) now. Or, use any of these four Free W-4 tools later based on your paycheck, return results, etc.

WPRO-1 Your Filing Status as of Dec. 31, 2022.

Learn More

 

WPRO-2 Your Adjusted Gross Income or AGI as estimated here by this Tax Return Estimator.

Learn More

$

WPRO-3 Your Tax Liability as calculated based on Filing Status and AGI.

Learn More

$

WPRO-4 Number of Other Dependents as of December 31, 2022.

Learn More

WPRO-5 Non-Refundable Tax Credits.

Learn More

$

WPRO-6 Adjusted Total Tax Liability.

Learn More

$

WPRO-7 Your IRS Taxes Withheld from all of your W-2 Income. See tab 03: Income.

Learn More

$

WPRO-8 Your child Dependents under the age of 17 (Age as of December 31, 2022). Unlike a tax return, for tax planning purposes, you can estimate the number of Dependents on the W-4.

Learn More

WPRO-9 Total IRS Taxes you paid during the year. This is a combination of your Federal Income Taxes paid (07: Paid Taxes) and any other fully Refunadble Tax Credits you qualify for (06: Credits).

Learn More

$

WPRO-10 2022 Estimated Tax Refund. Your refund has been determined by this Tax Return Estimator based on the tax data you entered.

Learn More

$

WPRO-10 2022 Estimated Taxes Owed. Your tax owed has been determined by this Tax Return Estimator based on the tax data you entered.

Learn More

$

Adjust, Create Your W-4(s)

WPRO-11 Enter the date you will submit this W-4 Form to your employer or payroll department.

Learn More

Next

WPRO-12 In addition to your current IRS tax withholding (which is most likely based on your latest W-4), and based on your entries, we suggest you withhold this additional tax amount in order to balance or reduce the taxes owed with your 2022 Tax Return. Based on the data entered and the tax refund amount shown at WPRO-10 above, we suggest you reduce your tax withholding to this amount per month now. This would reduce your tax refund and help balance your next tax return. Your net paycheck would increase once you submit the form. If $0, click next.

Learn More

$

Next

At this point of the year, you have already withheld too much in 2022 IRS taxes. As a result, you should receive a tax refund. However, now or in early 2022, we suggest you reduce your per paycheck tax withholding. This would increase your paycheck(s) next year and help balance your next tax return tax refund.

Learn More

Ok, got it.

WPRO-13 Enter the number of jobs you (and your spouse) are holding now simultaneously or parallel. (Note: This is not all jobs you and your spouse have held during this year, but the amount you are currently employed at). The amount of jobs you (and your spouse) have has an impact on your tax withholding.

Learn More

Next

WPRO-14 Enter the number of jobs you want to withhold the amount listed in WPRO-12, e.g. 1 or 2, etc. You can divide this amount over your jobs and pay periods or just 1 job.

Next

Since you want to change W-4s for the number of current jobs listed in WPRO-13, start and complete each job one at a time. When done, this tool will guide on how to complete the next W-4. Note: For the next job, you do not need to change anything from WPRO-1 to WPRO-13 above, just from WPRO-15 forward.

Next

WPRO-15 Enter how often you get paid for this job per month. For example, if you get one paycheck per month, enter 1. If you get 2 paychecks a month, enter 2. If you get paid every week, enter 4.

Next

WPRO-16 Based on your entry in WPRO-14 and WPRO-15, your extra tax withholding per pay period for this job will be:

Learn More

$

Next

WPRO-16 Based on WPRO-14 and WPRO-15 you should withhold the following amount in additional IRS withholding each pay period for the current tax year and you should not owe any taxes with your next tax return.

Learn More

$

Next

WPRO-17 Other Income: Enter the same amount for Other Income here as you had entered on your previous W-4 for this job or Other Income you might have for this tax year. Enter 0 here if you do not want to withhold taxes via this W-4.

Learn More

Enter 0 (zero) if no other income

$

Next

WPRO-18 Deductions: Enter the same amount for Deductions here as you had entered on your previous W-4 for this job. if you don't remember or know, enter 0.

Learn More

Enter 0 (zero) if no deductions

$

Next

WPRO-19 Dependents or Children under the age of 17. Enter the same number of Dependents you had entered on your previous W-4 for this job. If you do not remember, only enter all Dependents here if this is the highest paying of the 2 jobs, otherwise enter 0.

Enter 0 (zero) if no dependents

Next

WPRO-20 Other Dependents. Dependents or Children under the age of 17. Enter the same number of Dependents you had entered on your previous W-4 for this job. If you do not remember, only enter all Dependents here if this is the highest paying of the 2 jobs, otherwise enter 0.

Enter 0 (zero) if no other dependents

Next

WPRO-14 Enter the Annual Gross Income Amount from your or spouse's highest paying job here as listed on the W-2. If one job, the app listed the amount here based on your earlier entry. W-2 Line 1.

$

Next

WPRO-15 Other Income: This is for income you are not currently withholding IRS taxes. Enter 0 (zero) if you do not have Other Income.

What is Other Income?

$

Next

WPRO-16 Your IRS Tax Withholding at the end of the current tax year will be based on this amount.

$

Unfortunately, the W-4 form does not enable a taxpayer to enter monthly or per paycheck tax withholding amount, thus we have to create this via Deductions. Since the W-4 form does not let you enter a fixed tax withholding amount, we have to use Deduction to bring your paycheck tax withholding to zero.

Ok, got it.

WPRO-17 Enter an estimated deduction amount here and click Estimate. Start with $10,000 and click Estimate to adjust the deduction dollar amount until it matches or comes close to the amount in WPRO-12. Enter a high Deduction amount here and click Estimate until WPRO-17 below shows 0 or the same as in WPRO-12 (see above). Tip: If you increase the Deduction amount, your Tax Withholding will decrease or, if you decrease the Deduction amount here, your Tax Withholding will increase. Keep in mind this needs to be done in order to calculate the actual tax withholding amount.

$

Estimate

WPRO-18A Suggested Withholding Amount from WPRO-12 above. Keep changing WPRO-17 and estimating until WPRO-18A and WPRO-18B match or are close.

$

WPRO-18B This will be the actual Tax Withholding amount per month. Compare this with the suggested withholding amount above. You control this amount via the Estimated Deduction amount in WPRO-17. A higher deduction amount will lower the actual withholding amount.

$

Next

WPRO-19 Extra Tax Withholding will be listed on W-4 line 4c. However, if you got or expect a refund, 0 is entered here. If you owed or expect to owe, the tool will place the amount suggested here.

$

Next

Info-PRO1 The information you enter here will be listed on your W-4 including the signature. We do not keep or share this information with anybody.

First Name

Middle Name Initial

Last Name

Address

City / Town

State

Select Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Dist of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Zip

Next

Info-PRO2 Your Social Security Number or SSN. The number will only be listed on your W-4. We do not store or share this information.

Next

Info-PRO3 Type or Draw your signature as it is needed for the W-4. The signature will be not be listed and is only placed on the W-4 and not stored here.

Draw your signature

• Type
• Draw

Clear Next

Info-PRO4 Enter your email address and your W-4 will be emailed to that email address. When done, you can enter one or more email addresses and email your W-4 to the recipient(s), such as an employer (not the IRS).

Email

Email This Form W-4

Complete the W-4 for the next job

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