Tax calculator

Free federal income tax calculator

Enter your gross income and filing status — this federal income tax calculator applies the 2024 progressive brackets to show your taxable income, tax owed, effective rate, and marginal bracket, updated live, as you type.

InputsLive
Gross pay (this period)
$
Federal income tax rate
%
Estimate from your tax bracket or W-4.
State income tax rate
%
Enter 0 if your state has no income tax.
Other deductions
$
Health insurance, 401(k), etc.
Result
Net pay
$3,267.5
Deductions: $1,732.5 · FICA: $382.5
Net pay$3,267.5
Federal tax$1,100
State tax$250
FICA (SS + Med)$382.5

Estimated only. Actual withholding depends on your W-4 elections, filing status, and local laws. Consult your payroll provider for exact figures.

Results are estimates. Consult a professional.

How it's calculated

How the income tax calculator works

The US federal income tax uses a progressive bracket system — each dollar of taxable income is taxed only at the rate that applies to that slice, not your highest rate on every dollar. The calculation starts with your gross income, subtracts above-the-line adjustments to reach Adjusted Gross Income (AGI), then subtracts either the standard deduction or your itemized deductions to reach taxable income. That taxable income is then run through the seven brackets to produce your tax liability.

taxable income = gross income above-the-line adjustments (AGI) standard deduction (or itemized)
tax = Σ (income in each bracket × bracket rate)
effective rate = total tax ÷ gross income × 100
IRS Revenue Procedure 2023-34 — 2024 tax year inflation adjustments
Example

Worked example: Single filer earning $85,000

Example: $85,000 gross, single filer, standard deduction

A single taxpayer earns $85,000 in W-2 wages with no above-the-line adjustments. They take the 2024 standard deduction of $14,600, leaving taxable income of $70,400.

taxable income = $85,000 $14,600 = $70,400
10% on $0–$11,600 → $1,160.00
12% on $11,601–$47,150 → $4,266.00
22% on $47,151–$70,400 → $5,114.78
total federal tax = $10,540.78
$10,541
Estimated 2024 federal income tax for a single filer with $85,000 gross income and the standard deduction.
Quick reference

2024 federal income tax brackets

The IRS adjusts bracket thresholds annually for inflation. These are the official 2024 tax year brackets (for returns filed in 2025). MFJ thresholds are approximately double the single thresholds for the lower five brackets, partially closing the 'marriage penalty' at the top.

RateSingle — Taxable IncomeMarried Filing Jointly
10%$0 – $11,600$0 – $23,200
12%$11,601 – $47,150$23,201 – $94,300
22%$47,151 – $100,525$94,301 – $201,050
24%$100,526 – $191,950$201,051 – $383,900
32%$191,951 – $243,725$383,901 – $487,450
35%$243,726 – $609,350$487,451 – $731,200
37%Over $609,350Over $731,200

Source: IRS Revenue Procedure 2023-34. Head of Household standard deduction: $21,900 (2024). Standard deductions: Single $14,600 | MFJ $29,200 | HOH $21,900.

Practical tips

Tips for lowering your federal income tax

Your tax bill is determined by taxable income — not gross income. Several legal strategies reduce taxable income before the brackets are applied, which can push you into a lower marginal bracket and reduce what you owe.

  • Maximize pre-tax retirement contributions — 401(k) contributions (up to $23,000 in 2024, $30,500 if age 50+) reduce your AGI dollar-for-dollar and keep that money out of your taxable income entirely.
  • Contribute to an HSA — Health Savings Account contributions ($4,150 single / $8,300 family in 2024) are deductible above-the-line and reduce AGI before you even reach the standard deduction calculation.
  • Compare standard vs. itemized deductions — Itemizing makes sense if your mortgage interest, state/local taxes (SALT, capped at $10,000), and charitable donations exceed your standard deduction. Run both scenarios.
  • Time capital gains and losses — Long-term capital gains (assets held over 12 months) are taxed at 0%, 15%, or 20% — not at ordinary income rates. Harvesting capital losses can offset gains dollar-for-dollar.
  • Check your withholding after life changes — Marriage, a new child, a second job, or a large raise can all shift your bracket mid-year. Use the IRS Tax Withholding Estimator after any major change to avoid a surprise balance due in April.
Accuracy & limits

Accuracy and limitations

This calculator computes regular federal income tax liability using the 2024 tax year brackets and standard deductions. It does not calculate self-employment tax (15.3% on net self-employment income), the Net Investment Income Tax (3.8% on investment income above certain thresholds), the Alternative Minimum Tax (AMT), or the Qualified Business Income (QBI) deduction available to eligible pass-through business owners.

State income taxes, local income taxes, and tax credits (such as the Child Tax Credit, Earned Income Credit, or American Opportunity Credit) are also outside the scope of this tool. The result is a close estimate for most W-2 employees who take the standard deduction, but individuals with complex tax situations — stock options, rental income, business income, or significant capital gains — should use professional tax software or consult a CPA or enrolled agent.

Glossary

Income tax terms defined

All income from all sources before any deductions or adjustments — wages, salaries, tips, interest, dividends, capital gains, business income, and more.
Gross income minus above-the-line adjustments such as IRA contributions, student loan interest, and HSA contributions. AGI is the figure on line 11 of Form 1040 and determines eligibility for many deductions and credits.
AGI minus the standard deduction (or itemized deductions). This is the amount the progressive brackets are actually applied to.
A flat dollar amount subtracted from AGI based on filing status. For 2024: $14,600 (Single), $29,200 (Married Filing Jointly), $21,900 (Head of Household). No receipts required.
The tax rate applied to your last dollar of taxable income — your highest bracket. Often quoted incorrectly as your 'tax rate', but only the income within that bracket pays that rate.
Your actual average tax rate — total tax paid divided by total gross income. Always lower than your marginal rate because lower brackets apply to the income below each threshold.
Your tax category: Single, Married Filing Jointly (MFJ), Married Filing Separately (MFS), Head of Household (HOH), or Qualifying Surviving Spouse. Status determines your bracket thresholds and standard deduction amount.
About

About this income tax calculator

This calculator runs entirely in your browser — nothing you enter is sent to any server. It applies the official 2024 IRS federal income tax brackets and standard deduction amounts to estimate your federal tax liability for tax year 2024 (returns due April 2025). It is designed for W-2 employees and straightforward tax situations using the standard deduction.

Browse more in our tax calculators, or explore the complete library on the free calculators page.

Questions

Frequently asked questions about the free federal income tax calculator

A federal income tax calculator is a free online tool that helps you calculate 2024 federal income tax owed from gross income and filing status. Apply progressive 2024 brackets to taxable income after standard deduction. It runs entirely in your browser with instant results and no sign-up.
No — these are simplified estimates based on 2024 brackets. Real tax filing requires considering all your deductions, credits, AMT, state taxes, and the latest IRS guidance. Use professional tax software or a CPA for filing.
Marginal rate is what you pay on your next dollar of income. Effective rate is total tax ÷ total income — typically much lower because of the progressive brackets and deductions.
Federal only. State tax varies by jurisdiction; some states have no income tax (TX, FL, WA, etc.), others up to 13%+ (CA, NY). Add state tax separately based on your state.

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