Future Income Tax Estimator, Calculator

Tax Estimator, Calculator

  • Estimate how future Income will impact your Taxes. This Calculator is currently based on 2022 tax year tax tables. As soon as latest 2026 tax year relevant tax data is released this tool will be updated. For now Prepare and e-File your 2021 IRS and State Income Taxes via eFile.com.
  • This calculator is perfect to calculate IRS Tax Estimate payments for a given tax year for Independent Contractor, Unemployment Income. This Estimator is integrated with a W-4 Form Tax withholding feature.
  • In case you got any Tax Questions: Contact an eFile.com Taxpert® before, during or after you prepare and e-File your Returns. It's free to AskIT: IT is Income Taxes!
  • Of course, if you are ready to prepare and e-File your 2021 Return(s) then let's go and eFileIT now: IT is Income Taxes!
  • Bookmark the link as this Tax Calculator will be updated during 2022-2026 with the latest 2026 Tax Year data. 

Start the TAXstimator
Then select your IRS Tax Return Filing Status.

Tax Calculator, Refund Estimator for 2026 IRS Tax Returns
Exit

Estimated Results    $0000

Estimate Your 2022 Taxes and Refund
Before you Prepare and e-File Your 2021 Return

Start the 2022 TAXstimator




Did You Know that eFile.com is up to 60% less than TurboTax®?
Don't Get TurboTaxed or TurboCharged when you can Get Taxesfaction!
Dare to Compare Now!

Restart This Tax Return Calculator will calculate and estimate your 2022 Tax Return. Answer each question by either clicking on the options shown or by entering dollar ($) amounts or other values. For more help, click on the question mark symbol at the end of each question.
Select and click on your Filing Status below.
Restart Take a closer look at Dependents or Other Dependents so you can be certain you will make the right decision. Details about Dependents.
Do you qualify to claim one or more Dependent(s) on your tax return?
Enter the number of Dependents under the age of 17 (as of Dec. 31, 2022) who qualify for the Child Tax Credit. Ask the Childucator
Enter the number of Dependents who qualify for the Other Dependent Tax Credit. Ask the Relative and Childucator
Restart Enter your and your spouse's estimated or reported annual 2022 income from all jobs and income sources. One income type is required in order to proceed to the next section.
2022 Annual Wages/Salaries W-2 or Paycheck based Income
$
2022 IRS Taxes Withheld W-2 or Paycheck based IRS Taxes Withheld
$
Unemployment Form 1099-G
$
Self-Employment Form 1099-NEC or 1099-MISC
$
Social Security Form SSA or Form 1042S
Retirement Form 1099-R etc.
$
Farm Profit/Loss statement
$
Rental / Real Estate Profit/Loss statement or 1099-MISC
$
Interest / Dividends 1099-INT or 1099-DIV
$
Long Term Capital Gains / Losses
$
Short Term Capital Gains / Losses
$
Alimony
$
Refunds / Credits / Offsets
$
Other Gains / Losses
$
Other Income
$
Restart Your 2022 Standard Deduction for You and Your Spouse - Should You Choose Standard or Itemized?
Standard Deduction
$
Deductible Part of Self-Employment Tax
$
Qualified Business Income Deduction
$
Medical / Dental Expenses
$
Home Mortgage Interest Form 1098
$
State and Local Taxes (SALT), Sales Taxes
$
Charity Contributions
$
IRA Contributions Form 5498
$
Health Savings Acct. (HSA) Contributions Form 5498-SA
$
Self-Employed Retirement Plan Contributions
$
Self-Employed Health Care Premiums
$
Alimony Paid
$
Moving Expenses
$
Student Loan Interest / Tuition and Fees Form 1098-T
$
Educator Expenses
$
Early Withdrawl of Retirement Penalty
$
Casualty / Theft Loss
$
Investment Interest
$
Reservist / Performing Artists / Fee-basis Government Expenses
$
Deduction for Other Taxes Paid
$
Other Deductions
$
Restart Are you responsible for any of these taxes or did you make any of these repayments for Tax Year 2022? Details.
Alternative Minimum Tax
$
First-Time Homebuyer Credit Repayment
$
Unreported Social Security/Medicare
$
Premium Tax Credit Repayment
$
Tax on IRAs / Other Savings Accounts
$
Household Employment Taxes
$
Other Taxes You Pay
$
RestartClick on the Tax Credits Help below for instructions on the amounts to enter - details.
Earned Income Tax Credit (EITC)
$
Child Tax Credit
$
Additional Child Tax Credit
$
Credit for Other Dependents
$
Child and Dependent Care Expenses Use the CAREucator to see if you qualify for this Expense/Credit.
$
American Opportunity Credit Education Tax Credit Form 1098-T by an eligible educational institution
$
Lifetime Learning Credit
$
Premium Tax Credit for Health Insurance Reported via Form 1095-A to you
$
Retirement Savings Contributions Credit
$
Residential Energy Credit
$
Foreign Tax Credit
$
Other Tax Credits
$
Restart Enter the following Tax Payment amounts you made during Tax Year 2022. As a result, they will increase your tax refund or reduce your taxes owed.
IRS Federal Taxes Withheld Through Your Paycheck(s) As entered by you in the Income section from your W-2 or as an estimate.
$
Taxes You Paid When You Filed an IRS Tax Extension for your 2021 Taxes
$
Excess Social Security Taxes Withheld in 2022
$
2021 Tax Year Tax Overpayments
$
2022 Tax Year Tax Estimates
$
You have now Successfully Completed Your 2022 IRS Income Tax Return Calculation!

 

Estimated Tax Refund: $
Estimated Taxes Owed
$
It looks like you are not getting a Tax Refund, nor will you owe additional Taxes.
Enter your email address to have the detailed results emailed to you, including Tax Tips and eFile.com Promotions.
Yes, send me my 2022 Return results We will not share your email with anybody. You can unsubscribe at any time.

 

 

Important 2022 W-4 Information: Once you have estimated/eFiled your 2022 Return, continue and click Next below to create and sign your 2022 W-4 Form and optimize your 2022 Tax Withholding based on your 2022 Return results or estimates. Do not create another W-4 for 2022 after Dec. 31. Or, use any of these four free W-4 tools later for this year or next year.
Don't Get TurboTaxed or TurboCharged: eFile.com Is Up To 60% Less!
Save and Dare to Compare eFile.com with TurboTax® or H&R Block®.
Have a Tax Question?
Your Estimated 2022 Tax Return Details
Estimated Tax Refund
$
Estimated Taxes Owed
$
It looks like you are not getting a Tax Refund, nor will you owe additional Taxes.
 
$
$
$
$
$
$
$
$
$
$
$
Your Estimated 2022 Tax Return Forms Needed

Form 1040 Version

Form 1040
Form 1040-SR

Supporting Schedules

Schedule 1 Additional Income and Adjustments to Income
Schedule 2 Additional Taxes
Schedule 3 Additional Credits and Payments

Income Forms

Form W-2 Wage and Tax Statement
Form 1099-INT Interest Income
Form 1099-DIV Dividends and Distributions
Form 1099-SSA Social Security Benefits Statement
Form 1099-R Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.
Form 1099-G Certain Government Payments
Form 1099-MISC Miscellaneous Income
Schedule B Interest and Ordinary Dividends
Schedule C Profit or Loss from Business (Sole Proprietorship)
Schedule D Capital Gains and Losses
Schedule E Supplemental Income and Loss
Schedule F Profit or Loss from Farming
Other Types of Income [[Link to Taxable Income Page]]

Deduction Forms

Schedule 8812 Qualified Business Income Deduction
Schedule A Itemized Deductions
Form 8283 Noncash Charitable Contributions
Form 1098-E Student Loan Interest Statement
Form 1098 Mortgage Interest Statement
Form 4952 Investment Interest Expense Deduction
Form 8889 Health Savings Accounts (HSAs)
Form 4684 Casualties and Thefts
Form 3903 Moving Expenses
Form 2106 Employee Business Expenses

Forms for Additional Taxes

Schedule SE Self Employment Tax
Form 6251 Alternative Minimum Tax
Form 5405 Repayment of the First-Time Homebuyer Credit
Form 8919 Uncollected Social Security and Medicare Tax on Wagest
Form 5329 Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts
Form 8962 Premium Tax Credit (PTC)
Schedule H Household Employment Taxes
Form 8959 Additional Medicare Tax
Form 8960 Net Investment Income Tax—Individuals, Estates, and Trusts

Credits Forms

Form 1040 Schedule 8812 Child Tax Credit
Form 1040 Schedule EIC Earned Income Tax Credit
Form 2441 Child and Dependent Care Expenses
Form 8863 Education Credits
Form 8962 Premium Tax Credit (PTC)
Form 8880 Credit for Qualified Retirement Savings Contributions
Form 5695 Residential Energy Credit
Form 1116 Foreign Tax Credit
Restart Create, sign, and share a newly updated W-4 Tax Withholding Form for 2022 based on these 2022 Tax Return estimates. You can always come back later and estimate your 2022 Taxes again and create a new W-4 Form.

This W-4 Pro tool does not impact your 2022 Tax Return. The tool will create a 2022 W-4 or Tax Withholding Form(s) for you (and your spouse, if applicable) that is based on these your 2022 Tax Return results. More W-4 Details. Manage your tax return goals via your W-4 Form(s) now. Or, use any of these four Free W-4 tools later based on your paycheck, return results, etc.

Balance Your Tax Withholdings
WPRO-1 Your Filing Status as of Dec. 31, 2022.
 
WPRO-2 Your Adjusted Gross Income or AGI as estimated here by this Tax Return Estimator.
$
WPRO-3 Your Tax Liability as calculated based on Filing Status and AGI.
$
WPRO-4 Number of Other Dependents as of December 31, 2022.
WPRO-5 Non-Refundable Tax Credits.
$
WPRO-6 Adjusted Total Tax Liability.
$
WPRO-7 Your IRS Taxes Withheld from all of your W-2 Income. See tab 03: Income.
$
WPRO-8 Your child Dependents under the age of 17 (Age as of December 31, 2022). Unlike a tax return, for tax planning purposes, you can estimate the number of Dependents on the W-4.
WPRO-9 Total IRS Taxes you paid during the year. This is a combination of your Federal Income Taxes paid (07: Paid Taxes) and any other fully Refunadble Tax Credits you qualify for (06: Credits).
$
WPRO-10 2022 Estimated Tax Refund. Your refund has been determined by this Tax Return Estimator based on the tax data you entered.
$
WPRO-10 2022 Estimated Taxes Owed. Your tax owed has been determined by this Tax Return Estimator based on the tax data you entered.
$
WPRO-11 Enter the date you will submit this W-4 Form to your employer or payroll department.
WPRO-12 In addition to your current IRS tax withholding (which is most likely based on your latest W-4), and based on your entries, we suggest you withhold this additional tax amount in order to balance or reduce the taxes owed with your 2022 Tax Return. Based on the data entered and the tax refund amount shown at WPRO-10 above, we suggest you reduce your tax withholding to this amount per month now. This would reduce your tax refund and help balance your next tax return. Your net paycheck would increase once you submit the form. If $0, click next.
Next
At this point of the year, you have already withheld too much in 2022 IRS taxes. As a result, you should receive a tax refund. However, now or in early 2022, we suggest you reduce your per paycheck tax withholding. This would increase your paycheck(s) next year and help balance your next tax return tax refund.
WPRO-13 Enter the number of jobs you (and your spouse) are holding now simultaneously or parallel. (Note: This is not all jobs you and your spouse have held during this year, but the amount you are currently employed at). The amount of jobs you (and your spouse) have has an impact on your tax withholding.
WPRO-14 Enter the number of jobs you want to withhold the amount listed in WPRO-12, e.g. 1 or 2, etc. You can divide this amount over your jobs and pay periods or just 1 job.
Since you want to change W-4s for the number of current jobs listed in WPRO-13, start and complete each job one at a time. When done, this tool will guide on how to complete the next W-4. Note: For the next job, you do not need to change anything from WPRO-1 to WPRO-13 above, just from WPRO-15 forward.
WPRO-15 Enter how often you get paid for this job per month. For example, if you get one paycheck per month, enter 1. If you get 2 paychecks a month, enter 2. If you get paid every week, enter 4.
WPRO-16 Based on your entry in WPRO-14 and WPRO-15, your extra tax withholding per pay period for this job will be:
Next
WPRO-16 Based on WPRO-14 and WPRO-15 you should withhold the following amount in additional IRS withholding each pay period for the current tax year and you should not owe any taxes with your next tax return.
Next
WPRO-17 Other Income: Enter the same amount for Other Income here as you had entered on your previous W-4 for this job or Other Income you might have for this tax year. Enter 0 here if you do not want to withhold taxes via this W-4.
Enter 0 (zero) if no other income
Next
WPRO-18 Deductions: Enter the same amount for Deductions here as you had entered on your previous W-4 for this job. if you don't remember or know, enter 0.
Enter 0 (zero) if no deductions
Next
WPRO-19 Dependents or Children under the age of 17. Enter the same number of Dependents you had entered on your previous W-4 for this job. If you do not remember, only enter all Dependents here if this is the highest paying of the 2 jobs, otherwise enter 0.
Enter 0 (zero) if no dependents
WPRO-20 Other Dependents. Dependents or Children under the age of 17. Enter the same number of Dependents you had entered on your previous W-4 for this job. If you do not remember, only enter all Dependents here if this is the highest paying of the 2 jobs, otherwise enter 0.
Enter 0 (zero) if no other dependents
WPRO-14 Enter the Annual Gross Income Amount from your or spouse's highest paying job here as listed on the W-2. If one job, the app listed the amount here based on your earlier entry. W-2 Line 1.
Next
WPRO-15 Other Income: This is for income you are not currently withholding IRS taxes. Enter 0 (zero) if you do not have Other Income.
Next
WPRO-16 Your IRS Tax Withholding at the end of the current tax year will be based on this amount.
Unfortunately, the W-4 form does not enable a taxpayer to enter monthly or per paycheck tax withholding amount, thus we have to create this via Deductions. Since the W-4 form does not let you enter a fixed tax withholding amount, we have to use Deduction to bring your paycheck tax withholding to zero.
WPRO-17 Enter an estimated deduction amount here and click Estimate. Start with $10,000 and click Estimate to adjust the deduction dollar amount until it matches or comes close to the amount in WPRO-12. Enter a high Deduction amount here and click Estimate until WPRO-17 below shows 0 or the same as in WPRO-12 (see above). Tip: If you increase the Deduction amount, your Tax Withholding will decrease or, if you decrease the Deduction amount here, your Tax Withholding will increase. Keep in mind this needs to be done in order to calculate the actual tax withholding amount.
WPRO-18A Suggested Withholding Amount from WPRO-12 above. Keep changing WPRO-17 and estimating until WPRO-18A and WPRO-18B match or are close.
WPRO-18B This will be the actual Tax Withholding amount per month. Compare this with the suggested withholding amount above. You control this amount via the Estimated Deduction amount in WPRO-17. A higher deduction amount will lower the actual withholding amount.
Next
WPRO-19 Extra Tax Withholding will be listed on W-4 line 4c. However, if you got or expect a refund, 0 is entered here. If you owed or expect to owe, the tool will place the amount suggested here.
Next
Info-PRO1 The information you enter here will be listed on your W-4 including the signature. We do not keep or share this information with anybody.
First Name
Middle Name Initial
Last Name
Address
City / Town
State
Zip
Info-PRO2 Your Social Security Number or SSN. The number will only be listed on your W-4. We do not store or share this information.
Info-PRO3 Type or Draw your signature as it is needed for the W-4. The signature will be not be listed and is only placed on the W-4 and not stored here.
Draw your signature
Info-PRO4 Enter your email address and your W-4 will be emailed to that email address. When done, you can enter one or more email addresses and email your W-4 to the recipient(s), such as an employer (not the IRS).
Complete the W-4 for the next job

Got different Tax Refund, Return Results? Compare now: eFile.com Taxpert® with TurboTax®, H&R Block®

At the end of the tax calculator you can create your new 2022 W-4 or tax withholding Form.

Feedback, Ratings From Other eFilers

Tax Estimate, PLan and e-File

Photo by NeONBRAND

Get Taxesfaction

 

"So easy! I love that the info from previous years is pre-filled so updating and making changes/additions is so simple."

Lisa in CT
Multi year eFiler

"I’ve been a longtime user of your service, probably close to 15 years, and have never had any issues so don’t change a thing!"

Andrew in NJ
15 year eFiler

 

Prepare and eFile Your 2021 Taxes Now
Taxes Made Simple Again at eFile.com

WatchIT