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 2009 tax year, the standard deductions are as follows: single, $5,700; head of household, $8,350; married filing separately, $5,700; married filing jointly, $11,400.

$

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

 
   
   
Principal Financial Group
600 Grant Street, Suite 1200 • Pittsburgh, PA • 15219
Phone: 412.281.2223 • Fax: 412.281.9379
www.principal.pittsburgh.pfyfn.com

The financial representatives of Principal Financial Group of Pittsburgh are licensed in AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IL, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV and WY to offer insurance products, and life insurance (including variable life), annuities (including variable annuities), securities and if applicable - investment advice.

This site is not a solicitation of interest in any of these products in any other state. 

IMPORTANT CONSUMER INFORMATION:  The financial representatives of Principal Financial Group of Pittsburgh may only transact business in a particular state after licensure or satisfying qualifications requirements of that state, or only if (s)he is excluded or exempted from the state's registration requirements.  Follow-up, individualized responses to consumers in a particular state by the financial representatives of Principal Financial Group of Pittsburgh that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, as the case may be, shall not be made without first complying with the state's requirements, or pursuant to an applicable state exemption or exclusion. For information concerning the licensure status or disciplinary history of a broker-dealer, investment advisor, BD agent or IA representative or any financial institution (s)he represents, contact your state securities law administrator.

Principal Life Insurance Company, Des Moines, IA50392.  Principal Life maintains certificates of authority to transact insurance in all 50 states.  Its NAIC identification number is 61271. 

Privacy Policy