Federal Income Tax  
Paying federal income taxes is one of most people’s least favorite annual activities. As a result, many people tend to procrastinate by not planning for their taxes each year and by completing and filing the forms at the last possible minute. This calculator is designed to help you estimate your annual federal income tax liability.
     

What is your tax filing status?

What is your total pre-tax income? Include W-2 income, interest, dividends, rental income, etc.

$

Enter the total contributions made to all employer-sponsored plans this year (e.g., 401(k) plans, traditional IRA’s, etc).

$

Enter your deduction(s). If you itemize your deductions, enter that total here. Otherwise, enter the appropriate standard deduction. For the 2012 tax year, the standard deductions are as follows: single, $5,950; heads of households $8,700; married filing separately, $5,950; married filing jointly, $11,900.

$

Enter the number of dependents/personal exemptions that you will be claiming. Generally, this will be you, your spouse, and your children.

 
   
   
Cruz Investments & Wealth Management
605 N. Broadway, 2nd Floor • Aurora, IL • 60505
Phone: 630-897-0333, vm Box 233 • Fax: 630-906-6304
• service@reycruz.com

 

 

 

 

CALL REY CRUZ NOW!

630-897-0333


VOICEMAIL BOX 233, 24 HRS/ 7 DAYS.

E-mail



Counter

All information is provided as a courtesy.  We make no representation as to the completeness or accuracy of information provided on third party websites.  When you access these sites, you are leaving this company's website and assume total responsibility and risk for your use of the sites you are linking to.

Privacy Policy