
Federal Income Tax Calculator
This Federal Income Tax Calculator instantly estimates your federal income tax for the
years 2000-2008 and finds your current tax bracket. The income tax tables and tax brackets for 2009 tax reporting
will come out in December 2009 in IRS Pub 17 millions of these will be sent out in December.
"Tax bracket" shows percentage tax rate on the top dollars earned. Suppose you have
increased you income by 100 in the current year and you federal income tax rate is 28%. This means that the
additional income will be taxed at a 28% rate and you will owe additional $28 in federal tax. This calculator
allows you quickly estimate your federal tax, average tax and find your tax bracket.
You can estimates your federal tax. It also includes options for tax calculation
based on filing status.
Calculates average tax from the year. Finds your tax brackets. Includes data for the previous
years (2000-2008).
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