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.

 
   
   
American Financial Network - Financial Planning and Investment Management
23975 Park Sorrento, Suite 250 • Calabasas, CA • 91302
Phone: 818.264.4644
Toll Free: 800.585.3326		 • Fax: 818.222.2769
bellen@afn-net.com
Map and Directions

*This site has been published for residents of AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NJ, NV, NY, OH, OK, OR, PA, PR, SC, SD,  TN, TX, UT, VA, WA, WY, WI. All information herein has been prepared solely for informational purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy.

Securities licensed associates of American Financial Network are Registered Representatives offering securities through Securities America, Inc., a Registered Broker/Dealer, Member FINRA/SIPC. Financial planning and advisory services are offered through Securities America Advisors, Inc., an SEC Registered Investment Advisor. Registered Representatives of Securities America may transact securities business in a particular state only if first registered, excluded or exempted from Broker-Dealer, agent or Investment Advisor representative requirements. In addition, follow-up conversations or meetings with individuals in a particular state that involve either the effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made absent compliance with state Broker-Dealer, agent or Investment Advisor representative registration requirements, or an applicable exemption or exclusion. American Financial Network and the Securities America companies are not affiliated.

American Financial Network
23975 Park Sorrento Suite 250, Calabasas, CA 91302
Toll Free: 800.585.3326 Phone: 818.264.4644 Fax: 818.222.2769