Taxes Worksheet Complete the Form
Imagine you're an unmarried adult who is paid twice per month. The federal government withholds $700 in income tax from every paycheck. After the income tax is removed, your paycheck says $2,600.
Fill out this simplified tax form. Do you owe an extra federal income tax? Or does the government owe you a refund?

Income ($)
Action
0-8,349
Calculate 10% of the total Income
8,350-33,949
Calculate 15% of Income over 8,350 then add $835
33,950-82,249
Calculate 25%of the income over 33,950 then add $4675
82,250-171,549
Calculate 28% if Income over 82,250 then add $16,750
171,550-372,949
Calculate 33% of the income over 171,550 then add $41,754
372,950+
Calculate 35% of the income over 372,950 then add$108,216

1. Total annual income, before the government withholds any taxes
2. Standard deduction: enter $9,350 if single; $18,700 is married filing jointly
3. Subtract line 2 from line 1 to find your taxable income
4. Annual federal income tax withheld
5. Calculate the amount owed on your taxable income (line 3) using Table 1
6. If the amount in line 5 is greater than the amount in line 4, subtract 4 from 5. This is the amount you owe.
If the amount in line 4 is greater than the amount in line 5, subtract 5 from 4. This is the amount of your refund.

Do you owe more tax or will you receive a refund?