Tax |
Tax:
This is the total federal income tax you owe before any tax credits.
Total credits:
Your total tax credits. This amount is subtracted from the total tax amount.
Total tax after credits:
This is the total federal income tax you will need to pay.
Total other taxes:
Any other taxes that you owe. This includes self-employment tax, alternative minimum tax, and household employment taxes.
Total tax:
Grand total of your Federal tax bill.
Total payments:
Total of all tax payments made. This includes tax withheld from Forms W-2 and 1099, and estimated taxes paid, earned income credit and excess social security tax withheld.
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