Irs Tax Calculator

Video Tutorial How to Fill Out irs tax calculator

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Questions & answers

Your tax return amount is, in general, based on line 24 (total tax owed) and line 33 (total tax paid). Subtract line 24 from line 33. If the amount on line 33 is larger than the amount on line 24, that's what you overpaid.
To calculate your estimated taxes, you will add up your total tax liability for the current year—including self-employment tax, individual income tax, and any other taxes—and divide that number by four.