Your tax liability is: $
Your estimated tax refund is: $
Frequently Asked Questions
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What is a tax liability?
A tax liability is the amount of money that a person or business owes in taxes.
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How is tax liability calculated?
Tax liability is typically calculated by subtracting deductions and credits from a person's or business's income.
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Can I estimate my tax liability in advance?
Yes, you can use a tax calculator like this one to estimate your tax liability in advance.
