Tax credits A benefit that lowers your taxes owed by the amount of the credit. This calculator assumes credits entered are nonrefundable. Many, or all, of the products featured on this page are ...

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...

Enter how many dependents you will claim on your 2022 tax return This calculator estimates the average tax rate as the federal income tax liability divided by the total gross income. Some ...