TaxPropertyInvestingRetirementGuidesAboutContact

Income Tax Calculator

Estimate your US federal income tax and take-home pay for the 2024–2025 tax year.

Advertisement

Enter Your Details

Estimated Federal Tax
Advertisement

How to use this income tax calculator

Enter your annual gross income and the calculator instantly estimates your US federal income tax using the 2024 tax brackets for a single filer, applying the standard deduction of $14,600.

How income tax brackets work

The US uses a progressive tax system. This means different portions of your income are taxed at different rates. Your marginal rate is the rate on your last dollar earned, while your effective rate is the average rate across all your income — which is always lower.

What is take-home pay?

Take-home pay is your gross income minus taxes. This calculator focuses on federal income tax; state taxes, Social Security, and Medicare are not included and vary by location.

  • Progressive brackets from 10% to 37%
  • Standard deduction automatically applied
  • Instant effective-rate calculation

These results are estimates for planning and education. Always confirm with a qualified tax professional before filing.

Advertisement