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 Required Reading: The Economic Report of the President The Economic Report of the President can help identify the forces driving — or dragging — the economy. Counteracting Capital Gains with Tax-Loss Harvesting You may have heard the phrase "tax-loss harvesting." A financial professional may be able to provide some guidance. Asset Allocation Consider how your assets are allocated and if that allocation is consistent with your time frame and risk tolerance.