President Bush has signed the largest tax cut our nation has seen in 20 years. How will it affect you? Use our handy Tax Outlook Calculator to estimate how big your tax cut will be this year and how the new laws will affect you over the next 10 years. We even help you fine-tune your withholding so you're not caught off guard at tax time.

To find out more about the new tax laws, check out our 2001 Tax Cut section to read up on the latest information.

Please note: The Tax Outlook Calculator is solely an estimation tool and any information resulting from its use should be used accordingly. Use of this tool for any other purpose, such as preparation of a federal income tax return, is not authorized. Contact your local H&R Block tax office for the most accurate estimate of your return.

Information entered into this tool is not saved on your hard drive, nor stored or transmitted anywhere else. This tax tool is provided "AS IS." There is no warranty of any kind regarding the accuracy or completeness of this tool or your results, and the user assumes all risk of use. Use of this tool constitutes your acceptance of these terms.