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.

 
   
   
Barone Miller Group - D.A. Davidson & Co.
608 Northwest Blvd, Suite 403 • Coeur d'Alene, ID • 83814
Phone: (800) 233-7588 • Fax: (208) 664-2588
• cbarone@dadco.com bmiller@dadco.com

Calculators are provided by Emerald Publications for our clients’ use. D.A. Davidson does not warrant the performance or reliability of these calculators. When considering investments, please remember that all investments have risk and past performance does not guarantee future results. We recommend consulting with appropriate investment, tax and legal advisors if you have questions.

Securities, investment services, annuity and insurance products offered through D.A. Davidson & Co., member FINRA/SIPC. D.A. Davidson & Co. and its affiliates do not provide tax or legal advice. Davidson Financial Consultants may transact business and/or respond to inquiries only in state(s) in which they are properly registered and/or licensed. The information in this web site is not investment or securities advice and does not constitute an offer. Neither the information, nor any opinion contained in this site constitutes a solicitation or offer by Davidson or its affiliates to buy or sell any securities, options or other financial instruments or provide any investment advice or service. Some content on this site is provided by a third party and may not necessarily reflect the expertise of this financial consultant(s).

These Financial Consultants are registered to sell Securities in the following states:
AZ,CA,FL,ID,LA,MI,MT,NJ,OR,TN,TX,WA.

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