Income Tax Calculator
Free income tax calculator for US federal taxes (2024). Select your filing status, enter gross income, and see estimated taxes across all brackets. Includes FICA (Social Security + Medicare), effective and marginal tax rates, and monthly after-tax income. Disclaimer: estimates only, consult a tax professional.
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How to Use Income Tax Calculator
- 1Select your filing status (Single, MFJ, MFS, HOH).
- 2Enter your annual gross income.
- 3View estimated federal tax, FICA, effective rate, and take-home pay.
- 4Compare tax at different income levels.
Frequently Asked Questions
The US uses progressive tax brackets. You pay 10% on the first portion of income, 12% on the next, 22% on the next, and so on. Only income within each bracket is taxed at that rate.
Your marginal tax rate is the rate on your last dollar of income (your highest bracket). Your effective rate is total tax divided by total income — always lower than your marginal rate.
FICA includes Social Security tax (6.2% on income up to $168,600) and Medicare tax (1.45% on all income, plus 0.9% surcharge on income over $200,000).
No. This calculator provides estimates based on simplified federal brackets only. It does not include state taxes, credits, or deductions beyond the standard deduction. Always consult a qualified tax professional.
Using the Income Tax Calculator is simple: visit the tool page, enter your data or input into the provided fields, and get instant results. Follow the controls on the page. Some functions require sign-in or a paid plan; see Pricing for limits.
The Free plan includes 10 tool uses per day. Some features require an account or a paid plan. Check the controls on the tool page and Pricing for the applicable limits.
The Income Tax Calculator returns results based on the inputs and the tool methodology. Check assumptions, units and source dates. Treat projections as estimates. For critical decisions, always consult a qualified professional.
Local calculations run in your browser. AI features, accounts, saved reports and external data requests use server services. Check the tool description and privacy policy for the relevant processing and storage.
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About Income Tax Calculator
Free income tax calculator for US federal taxes (2024). Select your filing status, enter gross income, and see estimated taxes across all brackets. Includes FICA (Social Security + Medicare), effective and marginal tax rates, and monthly after-tax income. Disclaimer: estimates only, consult a tax professional.
Use the controls shown by Income Tax Calculator to generate and review your result. Available features and usage limits depend on your plan. Check the tool's instructions and privacy information before submitting data.
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