Your tax bracket is the rate you
pay on the "last dollar" you earn; but as a percentage of
your income. Your tax rate is generally less
than that since each portion of your income is taxed at
the different rates. As your income increases into
another tax bracket, that portion or percentage falling
within the next tax bracket is taxed at that higher tax
bracket rate. Thus applying different tax rates
to each income portion falling within each tax bracket.
Sometimes stress can get the best part of you when you simply don't
know what's hanging over your shoulders. Uncertainty for me is the source
of tension I really don't need...
Tax season certainly puts great
weight on me just thinking about where I'm at with my tax liability.
Do I owe more? am I getting a refund? There's no doubt that calculating
my taxes up front does ease the tax seasons tension on me.
The Quick Fix...
a tax estimator to get a good picture of my financial obligation to
the IRS is a quick and easy way to find out what my estimated taxes
are. By estimating tax return liability up front I know my obligation.
It may sound crazy but, regardless of whether I owe or not, just
knowing my financial obligation does relieve my stress to some degree
since it is no longer total uncertainty.
This in turn gets me
focusing on how to tackle my obligation instead of wondering what it
When I estimate my tax return liability ahead of time, I'm
always better prepared to deal with whatever financial obligation I
have to Uncle Sam with far less stress. Try a tax return estimator calculator
yourself and see if it doesn't reduce your anxiety too...
Federal Income Tax Return
Estimator Calculator & Tax Brackets Rates
Tax Estimator, Estimate your
Tax Year Income Taxes and Tax Bracket the Easy Way
>> Estimate Tax Return
Amount for your
Tax Year Refund (Tax Return due in
To help you make important
financial and tax planning decisions it is recommend that you estimate
your taxes due throughout the tax year to determine the amount of taxes
you might owe or, your estimated tax refund amount.
Our tax estimator
tools are intended to provide you with valuable preliminary financial
information to assist you in making the best financial decisions in
regards to your financial liability to the Internal Revenue Service
(IRS). The tax estimators are also useful just to know what you will
owe on your tax return for
, or how much of a tax refund you may get in
. Frankly speaking, they're a great tool to use all year long to
insure your not withholding too much, or too little.
The tax calculators are based on IRS forms 1040, 1040A, and
1040EZ for federal income tax filing, making them applicable to all
users looking to get a good picture of what financial tax obligation
There is no need to enter your
sensitive and personal information like your name or Social Security
Number. Just enter your actual or estimated net income, or use the
H&R Block or
Tax Estimators if you have deductions you need to include in your calculations
to get your net income tax amount. It's really quite easy to do...Enjoy!