Finance
Income Tax Calculator
Estimate income tax and take-home pay.
Estimated federal tax
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Effective rate
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Estimated take-home
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* Simplified estimate based on 2024 US federal brackets and standard deduction only. Does not include FICA, state/local taxes, credits, itemized deductions, or AMT. Consult a tax professional for your actual liability.
FAQ
- What tax brackets does this calculator use?
- It uses the 2024 US federal income tax brackets (10%, 12%, 22%, 24%, 32%, 35%, 37%) and the standard deduction ($14,600 for single filers, $29,200 for married filing jointly). State and local taxes, credits, and deductions beyond the standard deduction are not included.
- How is the effective tax rate calculated?
- Effective rate = estimated federal tax / gross income. Because the US uses a progressive system, only the income within each bracket is taxed at that bracket's rate, so the effective rate is always lower than the top marginal rate.
- Is my data sent anywhere?
- No. All calculations run entirely in your browser. No data is uploaded or stored.