Tax Deduction Calculator
Use this interactive checklist to find common tax deductions and estimate their impact on your tax refund for the 2025-26 tax year.
1. Your Income
Start by entering your estimated taxable income before any deductions.
$
2. Find Your Deductions
Go through the categories and enter the amounts for any expenses you incurred.
Summary
Total Claimable Deductions
$0
Estimated Tax Refund Boost
$0
Based on a 30% marginal tax rate.
Taxable Income (Before):$90,000
Taxable Income (After):$90,000
How Deductions Impact Your Refund
Tax deductions don't reduce your tax bill dollar-for-dollar. Instead, they reduce your taxable income. The actual cash benefit you receive depends on your marginal tax rate (the rate of tax you pay on your highest dollar of income).
For every $100 you claim in deductions, a person on a 30% tax rate gets approximately $30 back.
