Tax Calculator
Estimate your federal income tax using simplified 2024 brackets. Enter gross income and optional deductions. This is an estimator only—actual tax depends on filing status, credits, and other factors.
Tax calculator
Using single brackets for estimate. Joint brackets differ.
Result
What is this?
A tax calculator estimates federal income tax using progressive brackets. Taxable income = gross income − deductions. Each bracket is taxed at its rate (10%, 12%, 22%, etc.). This uses simplified 2024 single-filer brackets. Only the income within each bracket is taxed at that rate—not your entire income at the top rate. The calculator is an estimator only; actual tax depends on filing status, credits, state tax, and other factors. Use it for planning, not for filing. Consult IRS.gov for official rates and a tax professional for your situation.
When to use
Use for tax planning, paycheck estimates, or understanding bracket impact. Example: $60k gross, $15k deductions = $45k taxable. Estimate only—consult a pro for actual filing. Employees estimate withholding. Freelancers plan quarterly payments. See how a raise affects your tax bracket. Understand the impact of deductions. Compare different deduction scenarios. Essential for financial planning. Remember: this is an estimate, not tax advice.
How to use
Tax is calculated using progressive brackets. Income is taxed at 10%, 12%, 22%, 24%, 32%, 35%, or 37% depending on the bracket. Taxable income = Gross − Deductions.
2024 single filer brackets (simplified). Consult IRS.gov for official rates.
Frequently asked questions
- The US uses a progressive tax system with brackets. You pay 10% on the first portion of income, 12% on the next, and so on. This calculator uses simplified 2024 single-filer brackets.
- This is an estimator only. Actual tax depends on filing status, deductions, credits, state tax, and other factors. Consult a tax professional for precise calculations.
- Tax brackets define the rate applied to income within a range. Only income within each bracket is taxed at that rate—not your entire income at the top rate.