Finance Tools
How Much Tax Do I Owe Calculator
Estimate how much tax you owe (or may be refunded) based on taxable income, estimated tax rate, and taxes already paid or withheld.
Enter values to estimate tax owed or refund.
Note: This is a simplified estimate using a flat effective rate. Actual taxes depend on brackets, filing status, payroll taxes, and local rules.
How to use this how much tax do i owe calculator
- Enter your estimated taxable income.
- Enter your estimated effective tax rate.
- Enter taxes already paid or withheld (optional).
- Optionally enter other credits/deductions (as a dollar amount).
- Click Calculate to see estimated tax owed or refund.
Example
If your taxable income is $100,000, you estimate 20% tax, and already paid $15,000:
- Estimated total tax: $20,000
- Estimated remaining owed: $5,000
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