U.S. 1040EZ Tax Form Calculator

The 1040EZ is a simplified form used by the IRS for income taxpayers that do not require the complexity of the full 1040 tax form. Simply select your tax filing status and enter a few other details to estimate your total taxes for 2014. Based on your projected withholdings for the year, we then show you your refund or the amount you may owe the IRS in April 2015.

Your taxes are estimated at LINE_56_TOTAL_TAX for 2014.

This is AVERAGE_TAX_RATE of your total income of LINE_22_TOTAL_INCOME. Your total tax payments for the year were LINE_64_TOTAL_PAYMENTS. REFUND_OR_OVERPAYMENT_TEXT is estimated at REFUND_OR_OVERPAYMENT_AMT. Your income puts you in the BRACKET_TAX_RATE tax bracket. **GRAPH**
1040EZ Income Tax Summary
Filing statusLINE_1_FILING_STATUS
Personal exemptionLINE_6A_PERSONAL_EXEMPTION
Spouse exemptionLINE_6B_SPOUSE_EXEMPTION
Total exemptions claimedLINE_6D_TOTAL_EXEMPTIONS_CLAIMED
Wages, salaries, tips, etcLINE_7_WAGES_SALARIES_TIPS_ETC
Taxable interestLINE_8A_TAXABLE_INTEREST
Unemployment compensationLINE_19_UNEMPLOYMENT_COMPENSATION
Total taxable incomeLINE_33_ADJUSTED_GROSS_INCOME
Can someone claim you as a dependent?LINE_36_CAN_SOMEONE_CLAIM_YOU_AS_A_DEPENDENT
Standard deductionLINE_36_STANDARD_DEDUCTION
Deduction for exemptionsLINE_38_DEDUCTION_FOR_EXEMPTIONS
Earned income creditLINE_59_EARNED_INCOME_CREDIT
 Lived in the U.S? LIVED_IN_THE_US
 Qualified child of another? QUALIFYING_CHILD_OF_ANOTHER
 Age 25 to 65? VALID_AGE_RANGE
Taxable incomeLINE_39_TAXABLE_INCOME
TaxLINE_40_TAX
Federal income tax withheldLINE_57_FEDERAL_INCOME_TAX_WITHHELD
REFUND_OR_OVERPAYMENT_TEXTREFUND_OR_OVERPAYMENT_AMT

U.S. 1040EZ Tax Form Calculator Definitions

Federal Income Tax Rates:
Use the table below to assist you in estimating your Federal 2014 tax rate.
Filing Status and Income Tax Rates 2014*
Tax RateMarried Filing Jointly or Qualified Widow(er)SingleHead of HouseholdMarried Filing Separately
10%$0 - $18,150$0 - $9,075$0 - $12,950$0 - $9,075
15%$18,150 - $73,800$9,075 - $36,900$12,950 - $49,400$9,075 - $36,900
25%$73,800 - $148,850$36,900 - $89,350$49,400 - $127,550$36,900 - $74,425
28%$148,850 - $226,850$89,350 - $186,350$127,550 - $206,600$74,425 - $113,425
33%$226,850 - $405,100$186,350 - $405,100$206,600 - $405,100$113,425 - $202,550
35%$405,100 - $457,600$405,100 - $406,750$405,100 - $432,200$202,550 - $228,800
39.6%over $457,600over $406,750over $432,200over $228,800
*Caution: Do not use these tax rate schedules to figure 2013 taxes. Use only to figure 2014 estimates. Source: 2014 tax brackets http://www.irs.gov
Filing status
For the 1040EZ there are two filing status options: Single or Married filing jointly. To file under a different status, you will need to use a different tax form such as the 1040 or 1040a. The table below summarizes the five possible filing status choices, including the two that are available for the 1040EZ. It is important to understand that your marital status as of the last day of the year determines your filing status.

Filing Status
Married Filing Jointly If you are married, you are able to file a joint return with your spouse. If your spouse died during the tax year, you are still able to file a joint return for that year. You may also choose to file separately under the status "Married Filing Separately".
Qualified Widow(er) Generally, you qualify for this status if your spouse died during the previous tax year (not the current tax year) and you and your spouse filed a joint tax return in the year immediately prior to their death. You are also required to have at least one dependent child or stepchild for whom you are the primary provider.
Single If you are divorced, legally separated or unmarried as of the last day of the year you should use this status.
Head of Household This is the status for unmarried individuals that pay for more than half of the cost to keep up a home. This home needs to be the main home for the income tax filer and at least one qualifying relative. You can also choose this status if you are married, but didn't live with your spouse at anytime during the last six months of the year. You also need to provide more than half of the cost to keep up your home and have at least one dependent child living with you.
Married Filing Separately If you are married, you have the choice to file separate returns. The filing status for this option is "Married Filing Separately".
Dependent status
A dependent is someone you support and for whom you can claim a dependency exemption. In this case, you need to select the dependent status for you and your spouse. In 2014, you receive a $3,950 reduction in your taxable income for yourself and another $3,950 reduction for your spouse if no one else can claim either of you as a dependent.
Wages, salaries, tips, etc.
Total income you received from wages, salaries and tips. The 1040EZ calculator does not support other types of income. If you have income from other sources you may need to use the 1040 Tax Form.
Unemployment compensation
If you collected any unemployment compensation, it is considered taxable income. Enter the total amount received here.
Taxable interest
If you received any interest that is subject to income taxes, enter the total amount received here.
Standard deduction
This is a standard amount, which varies by your filing status, which you are allowed to deduct from your income before calculating your income tax.
Taxable income
This is your total taxable income. It is calculated as your total income minus your standard deduction and your deduction for exemptions.
Earned income credit
If you qualify for earned income credit, we will automatically calculate the amount. Please note that this calculator doesn't take into consideration the impact of scholarships, penal income and retirement income on your Earned Income Credit (EIC).
Federal income tax withheld
Enter the total of all federal income tax that you expect to have withheld from your pay throughout the year. We will use this amount to calculate your total refund or amount you may owe.


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