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.

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

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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.

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

 
   
   
Ennis Financial Services
500 Headquarters Plaza
North Tower, Suite 420		 • Morristown, NJ • 07960
Phone: (973) 349-1250 (x250) • Fax: (973) 695-6799
• Tom@EnnisFinancialServices.com

Securities and investment advisory services are offered solely  through registered representatives and investment advisor representatives of Equity Services, Inc., Member FINRA/SIPC,   Broker/Dealer and Registered Investment Advisor, 733 3rd Avenue, Suite 200, New York, NY  10017.  Phone: 212-661-1600.  Ennis Financial Services, LLC and all other entities and individuals referenced are independent of Equity Services, Inc. unless otherwise noted.

Tom Ennis is a Registered Representative and Investment Advisor Representative of Equity Services,  Inc. and offers securities in NJ, NY and FL. Tom is also insurance-licensed in NJ, NY, PA and FL.


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