Tax Estimator
Get a rough estimate of your federal income tax liability based on your income and filing status.
How Federal Income Tax Works
The U.S. uses a progressive tax system. You pay different rates on different portions of your income based on tax brackets. Only the income within each bracket is taxed at that rate — not your entire income.
2024 Federal Tax Brackets — Single Filer
| Income Range | Marginal Rate |
|---|---|
| $0 – $11,600 | 10% |
| $11,601 – $47,150 | 12% |
| $47,151 – $100,525 | 22% |
| $100,526 – $191,950 | 24% |
| $191,951 – $243,725 | 32% |
| $243,726 – $609,350 | 35% |
| Over $609,350 | 37% |
Standard Deduction
For 2024, the standard deduction is $14,600 for single filers and $29,200 for married filing jointly. This amount is subtracted from your gross income before applying the brackets.
Example Calculation
If you earn $75,000 and file as single:
- Subtract $14,600 standard deduction → $60,400 taxable income
- 10% on first $11,600 = $1,160
- 12% on $11,601–$47,150 = $4,266
- 22% on $47,151–$60,400 = $2,915
- Estimated federal tax: $8,341 (~11.1% effective rate)
Disclaimer
This is an estimate for informational purposes only. Actual tax liability depends on your specific situation, deductions, credits, alternative minimum tax, and applicable state taxes. Consult a tax professional for personalized advice.