Contributing to an IRA? Determine if you are eligible to contribute to a traditional or Roth IRA. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content The Facts About Income Tax Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you. Budget Check Up: Tax Time Is the Right Time Tax preparation may be the perfect time to give the household budget a check-up. What Do Your Taxes Pay For? Here's a breakdown of how the federal government spends your tax money.