Tax Return Calculator
Estimate your tax refund or amount owed using 2026 federal brackets
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$
Standard: $16,100.00
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$
From paychecks
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Quarterly payments
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For safe harbor check
Estimated Refund
$4,330.00
You overpaid taxes
Total Tax Liability
$7,670.00
Federal income tax
Total Paid
$12,000.00
Withholding + estimated
Effective Tax Rate
10.23%
Of gross income
Tax Calculation Summary
Gross Income$75,000.00
- Deduction (Standard)$16,100.00
Taxable Income$58,900.00
Federal Tax$7,670.00
Total Tax Liability$7,670.00
- Tax Withheld$12,000.00
Refund+$4,330.00
Withholding Adjustment
Current Monthly Withholding
$1,000.00
Ideal Monthly Withholding
$639.17
Reduce by $360.83/mo
Large Refund Warning
A large refund means you're giving the government an interest-free loan. Consider adjusting your W-4 to reduce withholding and increase your monthly take-home pay.
Important Dates
- April 15: Tax filing deadline (or next business day)
- Q1 Estimated: April 15
- Q2 Estimated: June 15
- Q3 Estimated: September 15
- Q4 Estimated: January 15 of next year