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Calcimator

Tax Planner Calculator

Comprehensive tax planning calculator for 2026. Calculate federal and state income tax, capital gains tax, self-employment tax, and NIIT. Estimate tax refund or amount owed, plan quarterly payments, and get tax optimization tips.

Inputs

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Results

Total Tax (Federal + State)

$13,144.4

Federal Tax Status

Amount Owed

Federal Refund/Owed

$10,082

Gross Income$85,000
Adjusted Gross Income$85,000
Taxable Income$69,600
Federal Income Tax$10,082
Capital Gains Tax$0
Self-Employment Tax$0
Net Investment Income Tax$0
Total Federal Tax$10,082
Marginal Tax Rate22%
Effective Tax Rate15.46%
Deduction UsedStandard
Deduction Amount$15,400
Child Tax Credit$0
Total Credits$0
StateColorado
State Income Tax$3,062.4
State Tax StatusAmount Owed
State Refund/Owed$3,062
Quarterly Payment Needed$2,521
Tax Tip 1Increase 401(k) contributions to reduce taxable income
Tax Tip 2Maximize HSA contributions for triple tax advantage

Total Tax (Federal + State)

$13,144.4

Federal Tax Status

Amount Owed

Federal Refund/Owed

$10,082

How to Use This Calculator
  1. Start by filling in the input fields below. Results update instantly as you type, so you can experiment with different values to see how they affect the outcome.
  2. Filing Status — Your tax filing status. Choose from: Single, Married Filing Jointly, Married Filing Separately, Head of Household. default: 0.
  3. W2 Wages — Your wages from box 1 of W2 Accepts values from $0 to $2,000,000 (default: $85,000).
  4. Spouse W2 Wages — Spouse's wages (if filing jointly) Accepts values from $0 to $2,000,000 (default: $0).
  5. Self-Employment Income — Net profit from Schedule C Accepts values from $0 to $1,000,000 (default: $0).
  6. Short-Term Capital Gains — Gains on assets held < 1 year Accepts values from $-500,000 to $1,000,000 (default: $0).
  7. Long-Term Capital Gains — Gains on assets held > 1 year Accepts values from $-500,000 to $1,000,000 (default: $0).
  8. Qualified Dividends — Taxed at capital gains rates Accepts values from $0 to $500,000 (default: $0).
  9. Traditional 401(k) Contributions — Pre-tax 401(k) contributions Accepts values from $0 to $30,000 (default: $0).
  10. Deduction Type — enter your preferred option from the dropdown. Choose from: Standard Deduction, Itemized Deductions. default: 0.
  11. Children Under 17 — For Child Tax Credit Accepts values from 0 to 10 (default: 0).
  12. State — enter your preferred option from the dropdown. Choose from: Alabama (AL), Alaska (AK), Arizona (AZ), Arkansas (AR), California (CA), Colorado (CO), Connecticut (CT), Delaware (DE), District of Columbia (DC), Florida (FL), Georgia (GA), Hawaii (HI), Idaho (ID), Illinois (IL), Indiana (IN), Iowa (IA), Kansas (KS), Kentucky (KY), Louisiana (LA), Maine (ME), Maryland (MD), Massachusetts (MA), Michigan (MI), Minnesota (MN), Mississippi (MS), Missouri (MO), Montana (MT), Nebraska (NE), Nevada (NV), New Hampshire (NH), New Jersey (NJ), New Mexico (NM), New York (NY), North Carolina (NC), North Dakota (ND), Ohio (OH), Oklahoma (OK), Oregon (OR), Pennsylvania (PA), Rhode Island (RI), South Carolina (SC), South Dakota (SD), Tennessee (TN), Texas (TX), Utah (UT), Vermont (VT), Virginia (VA), Washington (WA), West Virginia (WV), Wisconsin (WI), Wyoming (WY). default: 5.
  13. Federal Tax Withheld YTD — Total federal withholding from paychecks Accepts values from $0 to $500,000 (default: $0).
  14. Expand "Advanced Options" for additional fine-tuning. These optional inputs let you model more specific scenarios:
  15. Ordinary Dividends — Taxed as ordinary income Accepts values from $0 to $500,000 (default: $0).
  16. Interest Income — enter a dollar amount. Accepts values from $0 to $500,000 (default: $0).
  17. Other Income — Income from sources other than primary employment. Accepts values from $0 to $500,000 (default: $0).
  18. Traditional IRA Contributions — enter a dollar amount. Accepts values from $0 to $8,000 (default: $0).
  19. HSA Contributions — enter a dollar amount. Accepts values from $0 to $10,000 (default: $0).
  20. Student Loan Interest — enter a dollar amount. Accepts values from $0 to $2,500 (default: $0).
  21. Itemized Deductions Total — Only if itemizing (mortgage interest, SALT, charity, etc.) Accepts values from $0 to $500,000 (default: $0).
  22. Education Credits — enter a dollar amount. Accepts values from $0 to $5,000 (default: $0).
  23. Other Credits — enter a dollar amount. Accepts values from $0 to $20,000 (default: $0).
  24. Estimated Tax Payments Made — Quarterly payments already made Accepts values from $0 to $200,000 (default: $0).
  25. State Tax Withheld YTD — enter a dollar amount. Accepts values from $0 to $200,000 (default: $0).
  26. Once all inputs are set, review your results in the Results panel. Here's what each output means:
  27. Total Tax (Federal + State) — shown as a dollar amount. This is the primary result of this calculator.
  28. Federal Tax Status — your calculated result. This is the primary result of this calculator.
  29. Federal Refund/Owed — shown as a dollar amount. This is the primary result of this calculator.
  30. Gross Income — shown as a dollar amount.
  31. Adjusted Gross Income — shown as a dollar amount.
  32. Taxable Income — shown as a dollar amount.
  33. Federal Income Tax — shown as a dollar amount.
  34. Capital Gains Tax — shown as a dollar amount.
  35. Self-Employment Tax — shown as a dollar amount.
  36. Net Investment Income Tax — shown as a dollar amount.
  37. Total Federal Tax — shown as a dollar amount.
  38. Marginal Tax Rate — shown as a numeric value.
  39. Effective Tax Rate — shown as a numeric value.
  40. Deduction Used — your calculated result.
  41. Deduction Amount — shown as a dollar amount.
  42. Child Tax Credit — shown as a dollar amount.
  43. Total Credits — shown as a dollar amount.
  44. State — your calculated result.
  45. State Income Tax — shown as a dollar amount.
  46. State Tax Status — your calculated result.
  47. State Refund/Owed — shown as a dollar amount.
  48. Quarterly Payment Needed — shown as a dollar amount.
  49. Tax Tip 1 — your calculated result.
  50. Tax Tip 2 — your calculated result.
  51. Scroll down to explore 3 charts (Tax Breakdown, Income Sources, Tax by Bracket) for a visual breakdown of the data.
  52. Check the 2026 Quarterly Payment Schedule for a detailed row-by-row breakdown. This is useful for spotting trends or finding values at specific points.
  53. Explore the related calculators below if you need deeper analysis or want to approach this topic from a different angle.
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