Estimate your tax refund or amount owed for the 2025 tax year
Our comprehensive Income Tax Calculator helps you estimate your federal and state income taxes for the 2025 tax year. This tool calculates your tax liability based on your filing status, income, deductions, and credits. You can compare different filing scenarios to optimize your tax situation and understand how various factors affect your final tax bill or refund amount.
Contribute to tax-advantaged retirement accounts like 401(k)s and IRAs to reduce taxable income.
Consider itemizing deductions if they exceed your standard deduction, especially with mortgage interest.
Take advantage of education tax credits like the American Opportunity Credit and Lifetime Learning Credit.
Contribute to an HSA for triple tax advantages: tax-deductible, tax-free growth, and tax-free withdrawals for medical expenses.