This calculator assumes credits entered are nonrefundable ... Include wages, tips, commission, income earned from interest, dividends, investments, rental income, retirement distributions ...

Alternative investments, like cryptocurrency, also count toward earned income ... gross income for the W-2 form. How do you calculate taxable income? Start by adding up your total income across ...

Our tax calculator, like others ... Other popular credits include the earned income tax credit and the American opportunity credit. The money you contribute to 401(k)s, traditional IRAs, and ...

Enter how many dependents you will claim on your 2022 tax return This calculator estimates the average tax rate as the federal income tax liability divided by the total gross income. Some ...

This article was expert reviewed by Lisa Niser, EA, an enrolled agent and tax advisor. The Earned Income Tax Credit (EITC) can reduce taxes and increase refunds for low- to moderate-income workers ...