How might your taxes change if the Bush tax cuts expire? This tax calculator may give you a quick idea.
The Tax Foundation recently launched a "Bush Tax Cuts" calculator that allows taxpayers to compare their 2011 federal income tax liabilities under three scenarios: if all the Bush tax cuts expire completely at the end of this year, if they're all extended into 2011 or made permanent and if President Obama's budget is adopted, which includes a combination of expirations and extensions.
Individuals can type in filing status, wages and income, and number of dependents to get the estimates. You can also choose to get a more accurate estimate by providing additional information-on capital gains, other income and expenses.
You can access the calculator by clicking here.