With the tax season approaching, it is time to assess your income, deductions, and exemptions for filing your federal taxes. With the new tax bill overhauling the entire existing income tax brackets and deductions, it can be quite confusing for some to understand how to calculate their taxes. This is when online tax calculators can be helpful in simplifying the tax calculation process. Here are 3 commonly used tax calculators that have incorporated the new tax brackets, tax rates, and deductions.

TaxCaster
This free tax calculator makes it convenient to calculate your federal taxes. It has been updated with the new tax laws.

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NerdWallet’s Federal Tax Calculator
This is one of the simplest online tax calculators . The interface is very easy to use; the form has helpful prompts on the side that makes it simple to give the most accurate information regarding your income, credits, and deductions.

H&R Block’s Free Tax Calculator
This online tax calculator is quite a popular tax tool. This free calculator has a simple format; in three simple steps, it easily calculates how much tax you have to pay. This free tax calculator asks questions about your marital status, age, number of dependents, your income, and your expenses. Based on your answers, the tool will calculate the amount of tax you will have to pay or the amount you might get back.