Federal Income Tax  
Paying federal income taxes is one of most people’s least favorite annual activities. As a result, many people tend to procrastinate by not planning for their taxes each year and by completing and filing the forms at the last possible minute. This calculator is designed to help you estimate your annual federal income tax liability.
     

What is your tax filing status?

What is your total pre-tax income? Include W-2 income, interest, dividends, rental income, etc.

$

Enter the total contributions made to all employer-sponsored plans this year (e.g., 401(k) plans, traditional IRA’s, etc).

$

Enter your deduction(s). If you itemize your deductions, enter that total here. Otherwise, enter the appropriate standard deduction. For the 2012 tax year, the standard deductions are as follows: single, $5,950; heads of households $8,700; married filing separately, $5,950; married filing jointly, $11,900.

$

Enter the number of dependents/personal exemptions that you will be claiming. Generally, this will be you, your spouse, and your children.

 
   
   
Wells Fargo Advisors
Two International Place 20th Floor • Boston, MA • 02110
Phone: 617-330-2703 • Fax: 617-330-2750
• scott.finlay@wfadvisors.com

The Finlay Group of Wells Fargo Advisors

This information is intended for use only by residents of (AL, AZ, CA, CO, CT, DE, FL, GA, ID, IL, MA, MD, ME, MI, MN, MO, NC, NH, NJ, NY, OH, OK, PA, RI, SC, TN, TX, VA, VT, WA). Securities-related services may not be provided to individuals residing in any state not listed above.
Please consult with the FA as s/he may not be registered in all states. Insurance-related services may not be provided to individuals residing in any states other than (MA).

Investments in securities and insurance products:

  ARE NOT FDIC-INSURED ARE NOT BANK-GUARANTEED MAY LOSE VALUE  

 

Investment products and services are offered through Wells Fargo Advisors, LLC. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, non-bank affiliates of Wells Fargo & Company.

©2011 Wells Fargo Advisors. All rights reserved.

With respect to Envision® information, ©2001-2011 Wells Fargo Advisors, LLC, Financeware, Inc. and Wealthcare Capital Management IP, LLC, elements of the presentation and simulation results are under license from Financeware, Inc. & Wealthcare Capital Management IP, LLC – U.S. Patents 7,562,040, 7,650,303, 7,765,138 and 7,991,675 - Other U.S. and international patents pending. All Rights Reserved. Financeware, Inc.& Wealthcare Capital Management IP, LLC are separate entities and are not directly affiliated with Wells Fargo Advisors, LLC.

[ Privacy Policy | Legal | Security ]

 

Privacy Policy