Calculate your federal income tax based on official IRS tax brackets. See exactly how much tax you owe and your effective tax rate.
Enter your taxable income and filing status. The calculator applies the progressive tax bracket system, where different portions of your income are taxed at different rates.
Use when planning your taxes, estimating quarterly payments, comparing job offers, or understanding your take-home pay. Updated annually with current tax brackets.
Calculate your federal income tax based on 2024 tax brackets
Federal income tax uses a progressive tax bracket system, meaning different portions of your income are taxed at different rates.
Your income is divided into brackets, and each bracket is taxed at its own rate. You only pay the bracket rate on income within that bracket, not your entire income.
| Tax Rate | Single Filers | Married Filing Jointly |
|---|---|---|
| 10% | Up to $11,600 | Up to $23,200 |
| 12% | $11,601 - $47,150 | $23,201 - $94,300 |
| 22% | $47,151 - $100,525 | $94,301 - $201,050 |
| 24% | $100,526 - $191,950 | $201,051 - $383,900 |
| 32% | $191,951 - $243,725 | $383,901 - $487,450 |
| 35% | $243,726 - $609,350 | $487,451 - $731,200 |
| 37% | Over $609,350 | Over $731,200 |
If you're single earning $60,000:
The standard deduction is an amount you can subtract from your income before calculating taxes, reducing your taxable income.
| Filing Status | Standard Deduction |
|---|---|
| Single | $14,600 |
| Married Filing Jointly | $29,200 |
| Married Filing Separately | $14,600 |
| Head of Household | $21,900 |
You can choose either:
Standard Deduction (easier):
Itemized Deductions (more complex):
Recommendation: Take whichever is higher. Most taxpayers (about 90%) use the standard deduction.
No, this calculator shows federal income tax only.
State income tax varies dramatically:
| State Type | Tax Rate | Examples |
|---|---|---|
| No Income Tax | 0% | Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington, Wyoming |
| Flat Tax | 3-5% | Illinois (4.95%), Colorado (4.40%), Indiana (3.15%) |
| Progressive Tax | 1-13%+ | California (1-13.3%), New York (4-10.9%), Hawaii (1.4-11%) |
Action Required: Check your state's Department of Revenue website for state-specific tax calculations.
Taxable income includes most money you receive, with some important exclusions.
Tax brackets are adjusted regularly to account for inflation and policy changes.
| Year | Single Standard Deduction | Change |
|---|---|---|
| 2022 | $12,950 | - |
| 2023 | $13,850 | +$900 |
| 2024 | $14,600 | +$750 |
Significant changes to tax rates, brackets, or deductions require congressional action through new tax legislation.
Recent Example: Tax Cuts and Jobs Act (2017) made major changes including:
Stay Informed: Check IRS.gov annually for updated brackets and limits.
Have more questions? These calculators provide estimates for educational purposes only. For personalized financial advice, consult with a qualified financial professional. See our disclaimer for more information.