Estimated Tax Refund Calculator - Ausland Tax Services

Estimated Tax Refund Calculator (2025 Tax Year)

Estimate your federal tax refund or amount owed, including new "No Tax on Tips" and "No Tax on Overtime" deductions from the One Big Beautiful Bill Act. Enter your qualified amounts if applicable. This is a simplified estimate—does not include credits, itemized deductions, state taxes, or full eligibility rules. Consult a tax professional.

Full overtime amount from W-2 (base + premium).
Only the extra "half" (e.g., time-and-a-half premium). Estimate or use employer breakdown. Deductible under new law (up to limits/phaseout).
Reported tips eligible under new "No Tax on Tips" rules (up to limits/phaseout).
Net profit after expenses. Subject to self-employment tax (tips here not separately deductible under new rules).

Uses 2025 federal tax brackets, standard deductions, self-employment rules, and new OBBBA deductions for qualified tips/overtime premium (phased out at higher incomes). Not tax advice—actual results vary. For accurate filing, see a tax professional.