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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)

$13,144.40

Federal Tax Status

Amount Owed

Federal Refund/Owed

$10,082.00

Gross Income$85,000.00
Adjusted Gross Income$85,000.00
Taxable Income$69,600.00
Federal Income Tax$10,082.00
Capital Gains Tax$0.00
Self-Employment Tax$0.00
Net Investment Income Tax$0.00
Total Federal Tax$10,082.00
Marginal Tax Rate22%
Effective Tax Rate15.46%
Deduction UsedStandard
Deduction Amount$15,400.00
Child Tax Credit$0.00
Total Credits$0.00
StateColorado
State Income Tax$3,062.40
State Tax StatusAmount Owed
State Refund/Owed$3,062.00
Quarterly Payment Needed$2,521.00
Tax Tip 1Increase 401(k) contributions to reduce taxable income
Tax Tip 2Maximize HSA contributions for triple tax advantage
How to Use This Calculator
  1. Select your filing status and enter your W-2 wages and any spouse wages.
  2. Add self-employment income, capital gains, dividends, and other income sources.
  3. Enter pre-tax deductions like 401(k) contributions, IRA contributions, and HSA contributions to reduce taxable income.
  4. Choose standard or itemized deductions, and enter child and education tax credits.
  5. Review your total tax liability, effective rate, and marginal rate to plan year-end strategies.
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