Federal Income Tax Use this calculator to estimate your income tax liability along with average and marginal tax rates. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content What Is a 1035 Exchange? 1035 exchanges provide a way to trade-in an annuity contract or life insurance policy without triggering a tax liability. A Living Trust Primer Living trusts are popular, but their appropriateness will depend upon your individual needs and objectives. Personal Finance Calendar Use this handy calendar to remember the year’s most important financial dates.