What you owe in April and what the IRS expects you to pay in by year end are not the same number. See both in one free year-end federal estimate, with a summary to keep.
Run my year-end checkAnswer a few questions. Your estimate updates as you type. Round numbers are fine.
Most people only learn they owe when it is too late to do anything. After your check, I can send you tax planning ideas that fit your situation, while there is still time in the year.
Federal estimate only. This tool does not estimate state or local income tax.
The IRS payment target is the amount the IRS expects you to have paid in by year end to avoid an underpayment penalty. It is about avoiding penalties, not your final tax bill. Annual totals alone do not confirm that required payments were made on time.
Individuals generally avoid the penalty if tax owed after subtracting withholding is under $1,000. Estimated payments do not count for this test. For corporations the line is $500.
Withholding and estimated payments that add up to 90% of this year's tax.
Pay 100% of the tax on last year's return, if last year covered 12 months.
Use 110% of last year's tax if your adjusted gross income was over $150,000 ($75,000 if married filing separately).
This check covers pre-tax contributions only. Roth rollovers and conversions need their own calculator. We will email you ours, free.
Private preview: this form sends nothing and no email is sent.
Asante Tax & Consulting helps owners get financial clarity, plan ahead on taxes, and keep more of what they earn. This tool is a quick first look, so you can walk into the new year without a surprise.