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ZOVATOOL

Tax Refund Estimator (US)

Refund
$1,759.00
Federal tax
$7,241.00
Effective rate
10.34%
Marginal 22%
Gross income (AGI-ish)$70,000.00
Deduction used$14,600.00
Taxable income$55,400.00
Tax before credits$7,241.00
NoteSimplified — excludes state tax, FICA/self-employment, AMT, phase-outs, and dependents credit logic.

How to use the Tax Refund Estimator

  1. Pick filing status (single, married joint, head of household).
  2. Enter W-2 wages, federal tax withheld, other income and 401(k)/IRA contributions.
  3. Enter itemized deductions if higher than standard, plus any tax credits.
  4. Read refund (or amount owed), federal tax, and effective/marginal rates.
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