Tax Refund Calculator
Estimate your tax refund or amount owed. Calculate based on income, filing status, withholdings, deductions, and credits.
Inputs
Results
Tax Owed
$5,216
Federal Refund
$2,784
Total Refund
$4,784
Taxable Income$45,400
Amount Owed-$2,784
Tax Owed
$5,216
Federal Refund
$2,784
Total Refund
$4,784
How to Use This Calculator
- 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.
- Annual Income — Total annual income default: 60,000.
- Filing Status — 1=Single, 2=Married, 3=Head of Household default: 1.
- Federal Tax Withheld — Total federal taxes withheld default: 8,000.
- State Tax Withheld — Total state taxes withheld default: 2,000.
- Total Deductions — Standard or itemized deductions default: 14,600.
- Tax Credits — Total tax credits default: 0.
- Once all inputs are set, review your results in the Results panel. Here's what each output means:
- Tax Owed — shown as a dollar amount. This is the primary result of this calculator.
- Federal Refund — shown as a dollar amount. This is the primary result of this calculator.
- Total Refund — shown as a dollar amount. This is the primary result of this calculator.
- Taxable Income — shown as a dollar amount.
- Amount Owed — shown as a dollar amount.
- Explore the related calculators below if you need deeper analysis or want to approach this topic from a different angle.
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Formula
Refund = Tax Withheld - Tax OwedRelated Calculators
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Estimate your federal income tax withholding based on salary, filing status, and allowances. See your per-paycheck, monthly, and annual withholding amounts.
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