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.

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

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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.

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

 
   
   
CreativeFinancialProfessionals.com
4500 Westgrove Suite 356 • Addison, TX • 75001
Phone: 972-380-0063
Toll Free: 800-529-5740
Fax: 972-380-0097
• resnik_neil@nlvmail.com

Securities and investment advisory services are offered solely through Registered Representatives and Investment Advisor Representatives of Equity Services, Inc. Member FINRA/SIPC, 3600 N. Capital of Texas Highway, Building B, Suite 180, Austin, Texas 78746  (512) 266-1658.  Creative Financial Professionals and all other entities referenced are not affiliated with Equity Services, Inc., unless otherwise noted.

Neil Resnik is a Registered Representative and Investment Advisor Representative of Equity Services, Inc. and offers securities in Texas.  Neil is also licensed to offer life insurance and annuities in Texas.

This site is not a solicitation of interest in any of these products in any other state.

 


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