Fill out the left-hand column and click Calculate to estimate your 2011 income tax under various scenarios:
(1)
Congress allows all of the Bush tax cuts to expire;
(2)
Congress acts to extend into 2011 all of the Bush tax cuts (the position of most congressional Republicans);
(3)
Congress passes the tax laws suggested in President Obama's budget, letting cuts expire for families making over $250,000 a year (and singles making over $200,000), as well as extending some stimulus measures and imposing new limitations on itemized deductions; and
(4)
Congress passes the tax laws recently proposed by congressional Democrats, similar to the Obama plan, but without extending stimulus measures and with no additional limitations on itemized deductions.
If Congress lets
all
of the Bush tax
cuts expire, your income tax burden
will be $0 dollars higher in 2011.
If Congress passes the current Democratic
proposal, your income tax burden would be
$0 higher in 2011, compared with
full extension, or $0 lower, compared with
full expiration.
Disclaimer: This is not a professional tax utility and provides only an estimate of your 2011 income tax liability.
This calculator should not be used for calculating one's own official income tax. No information entered into the tax calculator is stored in any way.
Some totals may not add up exactly due to rounding effects.
If you find any errors in the calculator, please read our FAQ
first, and if you still believe you've found an error, you can email the Tax Foundation: TF@taxfoundation.org.
