US Federal Tax Calculator

2024 marginal tax brackets

Estimate your federal income tax based on your income, filing status, deductions, and credits. See your effective and marginal tax rates, tax bracket breakdown, and estimated refund or amount owed. Plan your tax strategy and understand how income changes affect your tax liability.

Key Features

  • Federal income tax estimation
  • Filing status options (single, married, head of household)
  • Standard and itemized deduction support
  • Tax bracket breakdown visualization
  • Effective and marginal tax rate display
  • Tax credit estimation

How to Tax Calculator — Estimate Your Taxes

  1. 1

    Enter income

    Input your gross annual income.

  2. 2

    Set filing status and deductions

    Choose filing status and enter deductions.

  3. 3

    View tax estimate

    See estimated tax, effective rate, and bracket breakdown.

Common Use Cases

  • Estimating taxes before filing
  • Understanding how a raise affects your tax bracket
  • Comparing standard vs itemized deductions
  • Planning quarterly estimated tax payments for freelancers

Frequently Asked Questions

What is the difference between marginal and effective tax rate?
Your marginal rate is the tax bracket on your last dollar of income. Your effective rate is your total tax divided by total income — always lower because earlier income is taxed at lower brackets.
Is this for federal taxes only?
This calculator estimates federal income tax. State taxes vary widely and are not included. Consult your state's tax authority for state-specific calculations.

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