Tax Calculator
Calculate your estimated tax liability with our comprehensive tax calculator. Includes support for deductions, adjustments, and tax credits.
Standard deduction: $14,600
2024 Tax Brackets
37% over $578,125
35% $231,250 to $578,125
32% $182,100 to $231,250
24% $95,375 to $182,100
22% $44,725 to $95,375
12% $11,600 to $44,725
10% up to $11,600
Effective vs. Marginal Rate
Your effective tax rate is the average rate you pay on all taxable income, while the marginal rate is the rate you pay on your last dollar of income.
Deductions & Credits
Deductions reduce your taxable income, while credits directly reduce your tax bill. The standard deduction for 2024 is $14,600.