Federal Tax Calculator

Estimate federal tax owed using current brackets and standard deductions.

Last updated: 2025-02-10

Your Income

$

Standard Deduction

$15,000

Gross Income

$75,000

Taxable Income

$60,000

Federal Tax Owed

$8,114

Effective Rate

10.82%

Marginal Rate

22%

After Federal Tax

$66,886

Estimates only. Not financial, tax, or legal advice. How we compute.

Tax Bracket Breakdown

$0 - $11,925

Tax Rate: 10%

$1,193

Taxable income in bracket: $11,925

$11,925 - $48,475

Tax Rate: 12%

$4,386

Taxable income in bracket: $36,550

$48,475 - $103,350

Tax Rate: 22%

$2,536

Taxable income in bracket: $11,525

Total Federal Tax$8,114

How It's Calculated

Gross Income$75,000
Standard Deduction- $15,000
Taxable Income$60,000
Federal Tax Owed$8,114
After-Tax Income$66,886

📊 Understanding Your Tax

  • •Marginal Rate: The tax rate on your last dollar earned (22%)
  • •Effective Rate: Your total tax divided by income (10.82%)
  • •Progressive Brackets: You only pay higher rates on income within each bracket
  • •This calculator uses 2025 federal tax brackets and standard deductions
  • •State taxes, FICA, and other deductions not included. Use our Full Salary Calculator for complete breakdown
2026 filing options

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TurboTax (2026)

Quick filing, guided checks, and a clean summary so you can compare against your 2026 take-home estimate.

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Liberty Tax (2026)

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Overview

This federal tax calculator estimates how much of your income goes to federal taxes after the standard deduction. Use it to sanity-check withholding, evaluate bonus impacts, or prepare for a filing estimate.

It is especially helpful when comparing pay offers or deciding how much to set aside for taxes if your income changes mid-year.

How to Interpret the Results

Review the effective and marginal rates to understand how much of your total income goes to federal tax versus the tax rate on your next dollar earned.

Use the bracket breakdown to see where the largest share of tax comes from and how deductions lower the taxable base.

Methodology

The calculator applies current federal tax brackets and standard deduction amounts for each filing status. Taxable income equals gross income minus the deduction, and bracketed rates are applied incrementally.

Results exclude state taxes, payroll taxes, and itemized deductions, so treat them as a planning estimate rather than a full filing output.

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FAQ

Does this include state taxes?

No. The calculator focuses on federal income tax only.

How is taxable income calculated?

Taxable income is gross income minus the standard deduction for your filing status.

Can I use this to estimate my refund?

Use it as a baseline, then compare to your actual withholding and credits to estimate refunds or balances due.

Sources

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