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Tax Calculator

Married, two children under age 13

Tax Plan:
Tax Year:  2013


Income Information

Sample Taxpayer Value: Change value:
Wage and salary income of the principal taxpayer: $55,100
Wage and salary income of the spouse (leave blank if not married): $14,700
Dividend Income: $0
Long-term capital gains: $0
Social Security benefits: $0
Pension income: $0
Taxable interest: $100
Tax exempt interest: $0
Other income (short term capital gains, business income net of expenses, etc.): $0

Deductions and Expenses

Sample Taxpayer Value: Change value:
State and local tax payments: $2,100
Charitable contributions: $1,800
Mortgage interest: $10,300
Contributions to deductible IRAs and 401(k)s: $100
Medical expenses: $2,800

College Expenses

Sample Taxpayer Value: Change value:
Number of family members in college: None with expenses
Total cost for tuition, fees, and textbooks: $0

Childcare Expenses

Sample Taxpayer Value: Change value:
Number of children under age 13: 2 children
Total childcare expenses: $4,300
Tax Year: 2012 2013
AMT Patch Option Patched Not Patched

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