Tax Refund Calculator
Estimate your federal tax refund or amount owed by comparing estimated federal tax to withholding and credits.
This helps with year-end paycheck and tax planning.
Estimated refund$1,170
Estimated federal tax$8,330
Withholding paid$9,500
Credits$0
| 10% bracket | $1,240 | $12,400 taxed at 10% |
|---|---|---|
| 12% bracket | $4,560 | $38,000 taxed at 12% |
| 22% bracket | $2,530 | $11,500 taxed at 22% |
Assumptions
- Refund estimates depend heavily on final credits, deductions, and withholding records.
How this calculator works
Formula used
Refund or amount owed = federal withholding + credits - estimated federal tax.
Example calculation
If your estimated federal tax is $7,000 and withholding plus credits is $8,200, the estimated refund is $1,200.
Tax Refund Calculator FAQ
Are these tax calculators official IRS tools?
No. These calculators are educational estimators for U.S. planning. They do not replace IRS forms, payroll software, a CPA, or legal advice.
Why might my actual paycheck or tax bill be different?
Actual results can change because of credits, pre-tax benefits, local taxes, payroll timing, itemized deductions, employer setup, and updated federal or state rules.