Q:

Are there tax calculators available for Florida?

A:

Quick Answer

In 2015, an income tax calculator for the state of Florida is available on the Tax-Rates.org website. Although income tax is complicated, and actual tax liability may be different, the calculator provides a reasonable estimate of both Federal and Florida income taxes, according to Tax-Rates.org.

Continue Reading

Full Answer

Before using the calculator, individuals need to know their filing status and total earnings, or gross income, as well as have access to their tax withholding information as listed on the W-4 or 1099 form, states Tax-Rates.org. In addition, those who intend to use the resource should understand the concepts of standard deduction, itemized deduction, single exemption and dependent deduction.

Learn more about Taxes
Sources:

Related Questions

Explore