US Tax Refund Calculator
Calculate federal and state tax refunds accurately. Trusted by taxpayers to maximize returns and simplify tax planning.
Enter Your Information
Calculation Results
Enter your information
Fill in your tax details and click "Calculate Refund" to see your results
Disclaimer: This calculator provides an estimate only. For accurate tax information, consult a tax professional or the IRS.
US Tax Knowledge
Federal Tax Brackets
- Progressive tax system with rates from 10% to 37%
- Higher income taxed at higher marginal rates
- Only income above each bracket taxed at that rate
- Brackets adjust annually for inflation
Standard vs Itemized
- Standard deduction: $13,850 (single) in 2023
- Itemized: mortgage interest, state taxes, charity
- Choose whichever gives larger deduction
- Most taxpayers use standard deduction
Payroll Taxes
- Social Security: 6.2% up to $160,200
- Medicare: 1.45% on all income
- Additional 0.9% Medicare on high earners
- Employer matches Social Security and Medicare
State Tax Variations
- Seven states have no income tax
- Rates vary from 0% to over 13%
- Some states tax only investment income
- Local taxes may also apply
Tax Credits vs Deductions
- Credits reduce tax owed dollar-for-dollar
- Deductions reduce taxable income
- Credits more valuable than deductions
- Some credits are refundable
Filing Status Impact
- Married filing jointly often most beneficial
- Head of household for single parents
- Married filing separately sometimes better
- Status affects brackets and deductions
What Our Users Say
Sarah Johnson
Software Engineer
This calculator helped me understand my tax situation better than any other tool. The breakdown is clear and the estimates are very accurate compared to my actual filing.
Michael Chen
Small Business Owner
As a business owner, I need to plan my taxes carefully. This tool gives me quick estimates that help with quarterly planning and cash flow management.
Emily Rodriguez
Financial Advisor
I recommend this calculator to all my clients. It's professional-grade accuracy with user-friendly interface. Perfect for tax planning discussions.
David Thompson
Freelance Consultant
The state tax calculations are spot-on. I've used this for three years and it consistently matches my actual tax returns within a few hundred dollars.
Lisa Wang
Marketing Manager
Finally, a tax calculator that explains what it's doing. The knowledge cards helped me understand tax concepts I never grasped before.
Robert Martinez
Retired Teacher
Simple enough for someone like me who isn't great with numbers, but detailed enough to be useful. Exactly what I needed for retirement planning.