Titan Tax Tools
Titan Tax Tools
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Federal Income Tax Quick Estimate (1040)

Supports available tax years based on the calculator’s loaded federal tax data. Not a filing substitute.

Required

Tax Year
Filing Status
Dependents (Count)
Qualifying Children Under Age 6
Qualifying Children Ages 6–17
Other Dependents (0–10)

Quick Mode

Standard Deduction automatically applied.

Income (Annual)
Self-Employment Net Profit (Schedule C)
Taxable Interest
Ordinary Dividends
Qualified Dividends

Enter the qualified portion already included in Ordinary Dividends, after verifying eligibility and holding-period rules. Do not add it again to Ordinary Dividends.

Basic 2025–2026 estimate only. Special capital-gain worksheets and taxpayer situations are not included.

Taxable IRA Distributions
Taxable Pensions/Annuities
Unemployment Compensation
Social Security Benefits (SSA-1099 Box 5)
Tax-Exempt Interest (for provisional income)
Current-Year Short-Term Capital Gain / (Loss)

Enter the already-adjusted current-year category total, excluding prior-year carryovers. Use a minus sign or parentheses for a loss.

Current-Year Long-Term Capital Gain / (Loss)

Enter the already-adjusted current-year category total, excluding prior-year carryovers. Use a minus sign or parentheses for a loss.

Prior-Year Short-Term Capital-Loss Carryover

Enter the verified prior-year capital-loss carryover for this category as a positive amount. Do not include it again in the current-year gain/loss field.

Prior-Year Long-Term Capital-Loss Carryover

Enter the verified prior-year capital-loss carryover for this category as a positive amount. Do not include it again in the current-year gain/loss field.

Basic ordinary capital gain/loss estimate only. Does not prepare Form 8949 or Schedule D or calculate next-year carryovers. Special-rate and negative-AGI cases are excluded.

Adjustments (Above-the-Line)
Educator Expenses (optional)
HSA Deduction (optional)
Student Loan Interest (optional)
Traditional IRA Deduction (optional)
Self-Employed Health Insurance (optional)
SEP/Solo 401(k) Deduction (optional)
Deductions
Itemized Deductions Total (if not using standard)
Credits

Child Tax Credit and Credit for Other Dependents are basic estimates without phaseouts.

Education Credits (if applicable)
Child & Dependent Care Credit (if applicable)
Adoption Credit Estimate — Form 8839 Rules

Uses Form 8839 rules to estimate the adoption credit for your 1040 refund or balance due. This does not prepare Form 8839.

Home Energy Credit Estimate — Form 5695 Rules

Uses official Form 5695 rules to estimate applicable credits for your 1040 refund or balance due. This does not prepare Form 5695.

Clean Vehicle Credit Estimate — Form 8936 Rules

Uses official Form 8936 rules to estimate applicable vehicle credits for your 1040 refund or balance due. This does not prepare Form 8936.

Payments
Estimated Tax Payments
Prior-Year Applied Refund
2025–2026 Tax Updates & Authority
Standard deduction
2025 Historical: Single/MFS $15,750 · MFJ $31,500 · HOH $23,625
2026 Current: Single/MFS $16,100 · MFJ $32,200 · HOH $24,150
Change: annual increase · Effective: respective tax year
Authority: Rev. Proc. 2025-32 ↗
Federal tax brackets & 2026 support
2026 Current: 10%, 12%, 22%, 24%, 32%, 35%, 37%
Change: 2026 thresholds supported; latest year selected by default
Effective: 2026 tax year · Select 2025 only for 2025 work
Authority: 2026 Rev. Proc. 2025-32 ↗ · 2025 Rev. Proc. 2024-40 ↗
Home Energy Credits
2025 Historical: 30%; §25C up to $1,200 + $2,000 heat-pump/biomass cap; §25D generally 30%, fuel-cell cap applies.
2026 Current: no new credits; eligible §25D carryforward remains nonrefundable.
Change: termination of new credits; §25C has no carryforward.
Effective: installation/original use by December 31, 2025; item and tax limits apply.
Authority: Form 5695 instructions · IRC §§25C, 25D ↗
Clean Vehicle Credits
2025 Historical: new up to $7,500; used 30% of price, up to $4,000.
2026 Current: qualifying pre-cutoff acquisitions only; claim in possession/service year.
Change: binding contract + payment by September 30, 2025 required.
Key rule: MAGI eligibility; personal credit nonrefundable, no carryforward; dealer transfer never claimed twice. Possible repayment requires review.
Effective: acquisition by September 30, 2025; later service may qualify.
Authority: Form 8936 instructions · IRC §§30D, 25E ↗ · IRS cutoff guidance ↗

This is an estimate for planning and analysis. Results vary based on filing details not captured here (credits, deductions, AMT, NIIT, SE tax, additional taxes). Self-employment tax not included unless enabled.