Federal Income Tax Use this calculator to estimate your income tax liability along with average and marginal tax rates. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Estate Strategies of the Rich and Famous The examples of famous celebrities underline the need for a clear estate strategy. Why do Renters Have to Save More? How much more would retirement cost if you owned your home rather than rented? It could actually be several times less. What Is a 1035 Exchange? 1035 exchanges provide a way to trade-in an annuity contract or life insurance policy without triggering a tax liability.