Federal Income Tax Calculator
Marginal and effective tax rate from 2024 brackets.
Enter your values
Results update instantly as you type — no submit needed.
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.
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.