Federal Income Tax  
Paying federal income taxes is one of most people’s least favorite annual activities. As a result, many people tend to procrastinate by not planning for their taxes each year and by completing and filing the forms at the last possible minute. This calculator is designed to help you estimate your annual federal income tax liability.
     

What is your tax filing status?

What is your total pre-tax income? Include W-2 income, interest, dividends, rental income, etc.

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Enter the total contributions made to all employer-sponsored plans this year (e.g., 401(k) plans, traditional IRA’s, etc).

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Enter your deduction(s). If you itemize your deductions, enter that total here. Otherwise, enter the appropriate standard deduction. For the 2011 tax year, the standard deductions are as follows: single, $5,800; head of household, $8,500; married filing separately, $5,800; married filing jointly, $11,600.

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Enter the number of dependents/personal exemptions that you will be claiming. Generally, this will be you, your spouse, and your children.

 
   
   
Moore Wealth, Inc. / Shabri Moore, CFP®, AIF®
Moore Wealth, Inc.
50 Carroll Creek Way, Ste 335		 • Frederick, MD • 21701
Phone: 301.631.1207 • Fax: 301.631.1209
• information@moorewealthinc.com

 *Standards for inclusion are based upon the following five criteria and inclusion is paid for by the advisor: knowledge and experience including current membership in either the FPA, NAPFA, or NSCHBC; Geography designed to represent a broad geographic range; Fee arrangements for services whereas both fee based and commission advisors are considered; inclusion is limited to advisors who require one million or less as a minimum, or who are flexible about their minimum; Applicants standing will be checked against the national databases of the SEC and FINRA (formerly NASD) for confirmation they have not been found guilty of wrongdoing on a national level. Securities and Advisory Services offered through Commonwealth Financial Network ®, Member FINRA, SIPC, a Registered Investment Adviser.

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