Estimate Federal Tax Return Liability for 2018 - 2019

Estimate Federal Tax Return Refund

Eliminate some of that 2018 - 2019 tax season anxiety this year when you estimate federal tax liability for FREE to keep your stress level down. Just knowing an estimate of what your federal tax obligation will be is a good way to relive the discomfort of wondering where you stand with our old buddy Uncle Sam. Well, maybe I'm stretching it with that old buddy stuff...

It can certainly be a frustrating challenge to relax if your worried about what your financial liability may be with the Internal Revenue Service (IRS).

Now it's easier than ever to estimate your federal tax obligation online for free, or better yet, just how big your federal income tax refund will be.

With tax season upon us, it's never too early to start preparing for the inevitable tax return filing process. To start with, your first step should be to estimate what federal tax payment you may owe or, how big your refund should be.

The sooner you get your federal tax estimate, the more relaxed you'll be knowing where you stand with the IRS. Getting your documents organized early is an important part of avoiding stress, and the easier it will be to fill out your forms and get your refund.

Eliminate that uncertainty that can keep you feeling a little frazzled with a quick and simple tax estimation. Use one of the FREE federal tax refund estimators below to calculate your income tax responsibility so you can start focusing on meeting any financial tax payment obligation you may have.

TurboTax and H&R Block offer free tax estimators that require no personal identification information, so you can estimate federal taxes anonymously.

TurboTax Federal Tax Return Refund Estimator

Estimate Federal Tax FREE - TurboTax

TurboTax Tax Estimation Application

H&R Block Federal Tax Return Refund Estimator

Estimate Federal Tax FREE - H&R Block

H&R Block Tax Estimation Application

Estimate federal taxes online for free any time of year to make sure your not underpaying or overpaying your taxes during the year. This in turn can help you avoid penalties from underpayments, or to make sure your not overpaying and letting Uncle Sam earn the interest on your cash.

Estimate Federal Tax Return Liability for 2018 - 2019

Use the TurboTax or HR Block Calculator links above to Include Deduction, Social Security, and Medicare in your estimated income tax calculations.

Estimate Your Federal Taxes Anonymously

When estimating your income taxes with any of the tax calculators above, you are not required to enter any personal identification data. This insures that your identity is kept private, and all your calculations are done anonymously. By answering some simple financial questions like your tax filing status, and the income you earned for the tax year, you are ready to estimate you IRS federal taxes. This will allow you to get an early estimate of any taxes due, or your refund amount prior to your federal tax filing.

estimate federal tax return

While on the task of determining your federal tax liability, you may also estimate federal tax withholdings that should be deducted from your paycheck. This will help you  determine if you are having too little, or too much income tax withheld from your paychecks. This will help you avoid IRS penalty and interest charges.

Estimated Federal Quarterly Tax Payments

Are you required to make federal quarterly estimated tax payments?

The Internal Revenue Service (IRS) requires tax filers to make quarterly estimated tax payments if both of the following rules apply to you:

  • you expect to owe a minimum of $1,000 in federal taxes for 2018 - 2019 tax season - after subtracting federal tax withholding and credits, Plus
  • you expect your federal withholding and credits to be less than the smaller of:
    • 90% of the tax to be shown on your current federal tax return, or
    • 100% of the tax shown on your previous years federal tax return (this only applies if your previous years tax return covered 12 months - otherwise refer to the 90% rule located above only).

To calculate your federal quarterly estimated tax payments, you should estimate your adjusted net income, (gross income minus deductions, and credits) for the calendar year. IRS Form 1040-ES includes an Estimated Tax Worksheet that you can use to calculate your federal estimated tax payments.

Estimate Federal Tax Brackets and Rates 2018 - 2019

Our federal tax bracket and rate table located below can help you to determine your tax bracket and tax rate you fall in based on your income for the tax return filing your preparing in. Keep in mind that not all states have a state income tax. Some states make up operating costs in other ways and with other tax methods.

The starting point for most tax filers is to prepare your federal return first. From there most of your federal tax figures can be transferred to your state tax return.

Once this has been completed, the rest is just the fine tuning to insure you calculate income taxes with the correct tax rate based on tax filing status.

Scroll through the Tax Brackets and Tax Rates Table Below:

Use the tax estimators we provide above at anytime you wish throughout the year, it's a great way to stay on top of your finances and insure your having the right amount of taxes withheld from you paycheck.