Tax Calculator

Estimate your personal income taxes and capital gains taxes

Results

Income Tax: $0
Capital Gains Tax: $0
Total Tax: $0

How to Use the Tax Calculator

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Tool Overview

This tax calculator helps you estimate your personal income taxes and capital gains taxes based on your taxable income, filing status, and capital gains. It provides an overview of your total tax liability.

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Step-by-Step Instructions

  1. Enter your total taxable income
  2. Select your filing status
  3. Input your capital gains amount
  4. Choose the type of capital gains (long-term or short-term)
  5. Click "Calculate" to see the results
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Input Explanation

  • Taxable Income: Your total income after deductions and exemptions
  • Filing Status: Your tax filing category (Single, Married, Head of Household)
  • Capital Gains: Profit from selling investments or property
  • Capital Gains Type: Long-term (held >1 year) or short-term (held ≤1 year)
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Understanding Results

The calculator displays three key metrics:

  • Income Tax: Tax owed on your regular taxable income
  • Capital Gains Tax: Tax owed on your investment profits
  • Total Tax: Combined income tax and capital gains tax