Simple Federal Tax Calculator (Tax Year 2017)
Enter your filing status, income, deductions and credits and we will estimate your total tax for 2017. This simple calculator will help you determine your tax refund.
How the simple federal tax calculator (tax year 2017) works
It produces a quick 2017 federal estimate by subtracting the $6,350 single standard deduction (or $12,700 joint) and exemptions from your income, then applying the 2017 brackets.
Worked example: with taxable wages / income of $60,000, the simple federal tax calculator (tax year 2017) shows estimated 2017 federal tax of $8,139.
- Taxable income
- $49,600
- Federal tax
- $8,139
- Effective rate
- 13.6%
- Marginal rate
- 25%
The formula
Taxable income = income − 2017 standard deduction − exemptions; tax from the 2017 brackets.
Results are estimates for educational purposes and are not financial advice. Confirm exact figures with your lender, plan administrator or advisor.
Questions about the simple federal tax calculator (tax year 2017)
Who is the simple calculator for?
Filers who take the standard deduction and want a fast 2017 federal tax estimate without entering itemized deductions or withholding.
Why might my real tax differ?
Credits, additional income types, the alternative minimum tax and state taxes all affect the final figure but are not included in this quick estimate.
Was 2017 the last year for these rules?
Yes — 2018 brought a much larger standard deduction, no personal exemptions, and new brackets, so 2017 estimates use the older system.
Is the Simple Federal Tax Calculator (Tax Year 2017) free to use?
Yes. Every calculator on FinCalculators is completely free, with no sign-up, login or paywall. You can run as many scenarios as you like.