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. Related Content Tax Rules When Selling Your Home The tax rules governing profits you realize from the sale of your home have changed in recent years. Money Draining Food Myths These food myths will really put a drain on your wallet. Why do Renters Have to Save More? How much more would retirement cost if you owned your home rather than rented? It could actually be several times less.