The 2016 tax calculator is here! Do you want to get an estimate of how much your tax refund will be before you file? We just updated the 2016 tax calculator with the current tax brackets, credits, deductions, and everything else you’ll need to estimate your tax refund before the tax deadline.
How to Use the 2016 Tax Calculator
The 2016 tax calculator works based on the following inputs:
Enter your projected withholdings from your W4 (or your total withholding on your W2 once you get it) for the year to estimate your tax refund for April 2017.
Select calculate to use the 2016 calculator to estimate your 2016 taxes.
Select view report to see the entire tax calculator report.
2016 Tax Calculator
Enter your filing status, income, deductions and credits and we will estimate your total taxes for 2016. Based on your projected withholdings for the year, we can also estimate your tax refund or amount you may owe the IRS next April 2017.
Tax Calculator Inputs
Please note that this calculator uses 2016 tax tables. All of the tax parameters and definitions used to build the free tax calculator are based on the current tax laws. If you are looking for the tax calculator for last year, please see the 2015 Tax Calculator.
As a reminder for the 2016 tax calculator, the outputs will be based on your tax calculator inputs.
You can get my latest articles full of valuable tips and other information delivered directly to your email for free simply by entering your email address below. Your address will never be sold or used for spam and you can unsubscribe at any time.
Advertiser Disclosure: MyDollarPlan.com is an independent, advertising-supported service. The offers that appear on this site are from companies which MyDollarPlan.com receives compensation. This compensation may impact how and where products appear on this site, including, for example. the order in which they may appear within listing categories. Other factors, such as our own proprietary website rules and the likelihood of applicants' credit approval also impact how and where products appear on this site. MyDollarPlan.com does not include the entire universe of available financial or credit offers.
Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone, not those of the bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.