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. Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content Working With A Financial Professional A financial professional is an invaluable resource to help you untangle the complexities of whatever life throws at you. When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. What Smart Investors Know Savvy investors take the time to separate emotion from fact.