Refund Calculator
Calculate your estimated tax refund or amount owed based on income, deductions, and credits.
Published by:
isCalculator Editorial Team
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How to use this tool?
How to use the Refund Calculator
- Select Filing Status – Choose your tax filing status: Single, Married Filing Jointly, or Head of Household.
- Enter Annual Income – Input your total annual income in dollars (e.g., 50000). Must be a positive number.
- Enter Deductions – Input your total deductions (e.g., standard deduction amount). If left at 0, the calculator uses the standard deduction for your filing status: $12,950 (Single), $25,900 (Married), or $19,400 (Head of Household).
- Enter Tax Credits – Input non-refundable tax credits (e.g., Child Tax Credit) in dollars. Must be a positive number.
- Enter Tax Withheld – Input the total tax already withheld from your paychecks in dollars. Must be a positive number.
- Click "Calculate" – Press the blue button to see your result. The output shows whether you get a refund, owe taxes, or break even, plus a detailed breakdown of taxable income, tax before credits, credits applied, tax after credits, and amount withheld.
All inputs must be positive numbers. Use only numeric values (no commas or symbols).
Previous Results
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Frequently Asked Questions
The calculator estimates your tax liability based on taxable income (income minus deductions) and filing status using 2022 tax brackets. It then subtracts non-refundable tax credits and compares the result to the amount withheld. If you paid more than you owe, you get a refund; otherwise, you owe.
For 2022, the standard deduction is $12,950 for single filers, $25,900 for married filing jointly, and $19,400 for head of household. If you enter 0 for deductions, the calculator will use the standard deduction for your filing status.
This calculator assumes non-refundable credits only. Non-refundable credits can reduce your tax to zero but not below. Refundable credits (like Earned Income Tax Credit) are not included.
