Typically the total number of people in your household

Dependents under 17 may be eligible for the child tax credit.

If not a CA resident you can manually enter your state income tax as part of deductible property tax below to have it accounted for correctly.

The final GOP tax bill extends the CTC to 17 year old dependents

These contributions reduce adjusted gross income and are therefore not part of your itemized deductions.

This deduction is limited by the GOP tax bill. Enter the full amount to see the difference.

This calculator assumes this is your home now and not a future purchase when deduction limits may be lower.

The GOP tax bill removes the deduction on interest for home equity loans.

Enter your total medical expenses. Expenses over 10% of income are currently deductible. The GOP tax bill with reduce the threshold to 7.5%.

Please enter the currently deductible amount only.

Enter other deductions you have that are not included above.

This is federally deductible under current law but may be limited under the GOP tax bill.

If your itemized deductions are less than the standard deduction, the standard deduction is used.

Taxable Income = Annual Income - (Deductions and Exemptions)

Taxes owed under current law and the GOP tax bill.

This is your marginal tax rate, or the percent you owe for each extra dollar of income.