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.

 
   
   
ProEquities, Inc.
4505 Pine Tree Circle
Suite 101		 • Birmingham, AL • 35243
Phone: 205-970-4909 • Fax: 205-970-4910
• hholland@vision-financialgroup.com

Investment Advisory services offered through Investment Advisors, a division of ProEquities, Inc., a Registered Investment Advisor. Securities offered through ProEquities, Inc., a registered broker-dealer and member FINRA & SIPC. Vision Financial Group, Inc. is independent of ProEquities, Inc. 

Please be advised that presently Hal Holland holds a Series 7, 63, 65 license and provides investment advice in the state of AL, FL, GA, NC, SC, TN, and TX. For residents of other states, proper license registration must be obtained by Mr. Holland before proceeding further. No parts of this communication should be construed as an offer to sell any security or provide investment advice or recommendations. Securities offered through ProEquities, Inc. will fluctuate and are subject to investment risks including possible loss of principal.

 Please Note: The information being provided is a courtesy. When you link to any of these web sites provided herewith, you are leaving this site. ProEquities makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site. When you access one of these sites, you are leaving Hal Holland's website and assume total responsibility and risk for your use of these sites.