Gather your tax documents: W-2s, 1099s, interest statements, and any other income records
Add up all taxable income
Determine your filing status
Find your standard deduction or itemized deductions
Subtract deductions from your income to get taxable income
Apply the correct tax brackets to estimate your federal tax
Subtract any tax credits you qualify for
Subtract federal tax withheld from your paychecks
Add any estimated tax payments you made
Compare the result to estimate whether you will owe money or get a refund
Include state income tax if you want a more complete estimate
Use a tax calculator or tax software for a quicker estimate
Review changes in income, deductions, or credits from last year