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.

$

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

$

Enter your deduction(s). If you itemize your deductions, enter that total here. Otherwise, enter the appropriate standard deduction. For the 2012 tax year, the standard deductions are as follows: single, $5,950; heads of households $8,700; married filing separately, $5,950; married filing jointly, $11,900.

$

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

 
   
   
Life Certain Wealth | Financial Advisor | Wealth Manager | Retirement Planner | Investment Advisor, Colorado, Denver, Greenwood Village
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Life Certain Wealth Strategies, LLC
8400 E. Prentice Avenue, #715		 • Greenwood Village, CO • 80111
Phone: (303) 793-3999 • Fax: (303) 793-3988
• info@lifecertain.com

 

 

Securities and Investment Advisory Services offered through

Woodbury Financial Services, Inc. Member FINRA, SIPC and

Registered Investment Adviser. Life Certain Wealth Strategies, LLC 

and Woodbury Financial Services, Inc are not affiliated entities

 

Our services are available only to residents of the following states:

AK, AZ, CA, CO, CT, DC, FL, GA, ID, IL, IN, KS, KY, MD, MA, MI, MN,

MT, NE, NJ, NM, NY, NC, OK, OH, PA, TN, TX, UT, WA, WY