Tax Calculator – Free Online Sales Tax Calculator

The Tax Calculator is a free online income tax calculator that can be used to calculate the expected due amount or refund on a federal tax that needs to be returned. It is designed for U.S. residents and related to the year 2020 and 2021 tax brackets. The tax values for the year 2021 can be used to estimate the 1040-ES, comparison, or future plans.

File Status
No. of Young Dependents	Age 0-16
No. of Other Dependents	Age 17 or older
Tax Year	2020 (return filed in 2021) 2021 (return filed in 2022)

Income

Wages, Tips, Other Compensation		(W-2 box 1)
Federal Income Tax Withheld		(W-2 box 2)
State Income Tax Withheld		(W-2 box 17)
Local Income Tax Withheld		(W-2 box 19)

Has Business or Self Employment Income? yes no

Interest Income		1099-INT
Ordinary Dividends
Qualified Dividends		1099-DIV
Passive Incomes		e.g. rentals and real estate, royalties
Short-term Capital Gain
Long-term Capital Gain
Other Income		e.g. unemployment pay(1099-G), retirement pay (1099-R)
State+Local Tax Rate

Deductions & Credits

IRA Contributions
Real Estate Tax
Mortgage Interest
Charitable Donations
Student Loan Interest		Max $2,500/Person
Child & Dependent Care Expense		Max $3,000/Person, $6,000 total, age 13 or younger
College Education Expense		Student 1
		Student 2
		Student 3
		Student 4
Other Deductibles

Business Income
Estimated Tax Paid
Medicare Wages		(W-2 box 5, use 0 if no W-2)

Business Income
Estimated Tax Paid
Medicare Wages		(W-2 box 5, use 0 if no W-2)