I’m trying to estimate my federal taxes for 2020. I have tried a few different calculators such as TaxCaster, HR Block, Jackson Hewitt, and TaxSlayer. My AGI looks to be about $36000. I take the Standard Deduction of $12400. That leaves taxable income at $23600. I don’t have any withholding.
Why do all of these calculators I used show a zero tax liability?
We do not know what other data you are entering into those tools. Are you entering dependents? Was the income on a W-2 or is it self-employment income?