Tax Freedom Day Assess how many days you'll work to pay your federal tax liability. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Don't Myth Out on Whole Life There are a lot of myths around whole life. Get the facts here. How Interest Rates Affect Everything This is a good infographic to use, and reuse, whenever the benchmark interest rate goes up.