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Tax Refund Calculator: Estimate Your Refund or Amount Owed

Tax Refund Calculator

Estimate Your Refund or Amount Owed

Inputs

Tax Profile

IRS-backed tax years available: 2020–2026. New years appear here after the shared IRS limits config is updated.

Income & Payments

$
$
$
$

Deductions & Credits

$
$
%

Results

Estimated Refund

$4,766

Refund projected · Total Tax Liability: $4,834 · Total Payments: $9,600

Refund Breakdown

$9,600
$3,064
$1,770
$2,000
Payments
Federal Tax
State Tax
Credits

Filing Status

Refund projected

Your payments are above the modeled tax liability. A large refund can be nice at filing time, but it may also mean withholding ran high during the year.

Gross Income
$60,000
Standard Deduction
$15,750
Applied Deduction
$15,750
Taxable Income
$44,250
Federal Tax Before Credits
$5,064
Credits Applied
$2,000
Federal Tax
$3,064
State Tax
$1,770
Total Tax Liability
$4,834
Total Payments
$9,600
Estimated Refund
$4,766
Marginal Federal Rate
12.0%
Effective Tax Rate
8.1%
Payment Coverage
198.6%