Personal & Business Tax Estimator
Estimate your federal income tax liability by providing your personal and business details.
Filing & Location Status
Income
Deductions & Credits
Using federal standard deduction: $29,200
Tax Estimate Summary
A high-level overview of your estimated tax liability.
Total Estimated Tax (Federal + State)
$24,672
Total Income: $216,500
- Deductions: ($29,200)
- QBI Deduction: ($12,000)
Taxable Income: $175,300
Federal Tax Before Credits: $28,672
- Federal Tax Credits: ($4,000)
Estimated Federal Tax: $24,672
Total Estimated Tax Due: $24,672
Disclaimer: This is a simplified estimate for planning purposes only, based on published 2024 tax brackets. It does not account for all possible deductions, credits, or complexities. Consult a qualified tax professional for definitive advice.