Federal Income Tax Calculator
Marginal and effective tax rate from 2024 brackets.
Enter your values
ⓘ Live results
Results
- Estimated federal tax
- $10,541.00
- Marginal bracket
- 22%
- Effective rate
- 12.4%
- Taxable income after deduction
- $70,400.00
- After-tax income
- $74,459.00
Quick answer
US federal income tax is progressive: each slice of income is taxed at its own bracket rate, so your effective rate is always below your marginal rate.
How to use the Federal Income Tax Calculator
- 1Enter your gross annual income.
- 2Pick your filing status.
- 3Add itemised deductions above the standard amount.
Worked example
Using the values the calculator loads with:
Inputs
- Gross annual income85000 $
- Filing statusSingle
- Deductions above the standard0 $
Results
- Estimated federal tax$10,541.00
- Marginal bracket22%
- Effective rate12.4%
- Taxable income after deduction$70,400.00
- After-tax income$74,459.00
Frequently asked questions
Marginal vs effective rate?
Marginal is the rate on your next dollar; effective is total tax divided by total income, and is always lower.
Does this include state tax and FICA?
No. It estimates federal income tax only, using 2024 brackets and standard deduction.
About this calculator
- Built and reviewed by James Whitfield · How we build and test calculators
- Report an error
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.