🧾 Income Tax Calculator
Calculate your federal and state income tax liability based on income, filing status, and deductions
Income Information
Enter your income and select your filing status
Deductions
Standard deduction for single: $14,600
Income Examples
Tax Information
Key Terms
Effective Rate: Total tax ÷ Total income
Marginal Rate: Tax rate on your last dollar earned
Standard Deduction: Fixed deduction amount
Itemized Deductions: Sum of specific deductible expenses
Important Notes
• This calculator estimates federal taxes only
• State taxes are not included
• Results are for planning purposes
• Consult tax professionals for advice
How to Use
1. Enter your annual gross income
2. Select filing status (single, married, etc.)
3. Input deductions and credits
4. Choose your state for state tax calculation
5. Calculate total tax liability
6. Estimate refund or amount owed
Features
✓ Federal tax bracket calculations
✓ State tax estimations
✓ Standard vs itemized deductions
✓ Tax credit applications
✓ Withholding analysis
✓ Tax planning strategies