What is the difference between effective and marginal tax rate?

Your marginal rate is the rate applied to your last dollar of income. Your effective rate is total tax divided by total income — it is always lower because lower brackets apply to the first portions of your income.

Does this include state taxes?

No. This calculator covers US federal income tax only. State income tax rates vary widely and are not included in this estimate.

What is the standard deduction for 2026?

For 2026 the standard deduction is $16,100 for single filers, $32,200 for married filing jointly, and $24,150 for head of household.

FICA taxes include Social Security (6.2% up to the wage base) and Medicare (1.45%). This calculator does not include FICA, so your actual take-home pay will be somewhat lower.

Should I itemize or take the standard deduction?

Itemize only if your qualifying expenses — mortgage interest, state taxes, charitable donations, and so on — exceed the standard deduction for your filing status. Most taxpayers benefit from the standard deduction.

Finance

↵ to calculate

Tax Calculator - Income Tax Slab Estimate India Online

Estimate your income tax liability using US federal tax brackets for 2026. Calculate effective tax rate and after-tax income.

✨

How to use this calculator

👉 Fill in the boxes below and your answer appears instantly — no maths needed, we do it all for you! 🎉

👶

In plain English — what does this do?

💵 A money helper! It works out things like how much to save, how much you owe, or how much you’ll have in the future. Just fill in the boxes and you’ll get your answer.

📌 Direct Answer & Summary

The Tax Calculator estimates your US federal income tax liability using the current year tax brackets. Enter your gross income, filing status, and deductions to see your effective tax rate, marginal rate, and after-tax take-home pay.

💵 How much money do you make a year? (Annual Income)

👤 How do you file your taxes?

🛡️ Deductions (income you don't pay tax on)

We pre-filled the standard standard amount for you!

➕ Other extra income (allowance, freelance, etc.)

Based on 2026 US federal tax rules. Deductions and tax categories are in USD ($).

What is Tax Calculator - Income Tax Slab Estimate India Online?

How to use it

1️⃣ Enter your total annual income in the Annual Income field.
2️⃣ Select your filing status: Single, Married Filing Jointly, or Head of Household.
3️⃣ Enter your total deductions (the standard deduction is pre-filled based on your filing status).
4️⃣ Add any other income sources such as freelance or investment income.
5️⃣ Review your estimated tax, effective rate, marginal rate, and after-tax income.

Formula

Taxable Income = Gross Income + Other Income - Deductions. Tax = sum of each bracket's rate applied to the income within that bracket.

💡 See it in action — a real example

A single filer earning $75,000 with the standard deduction of $16,100 has $58,900 in taxable income. Applying 2026 brackets yields roughly $8,200 in federal tax, an effective rate of about 10.9%, and a marginal rate of 22%.

❓ Common questions

What is the difference between effective and marginal tax rate?: Your marginal rate is the rate applied to your last dollar of income. Your effective rate is total tax divided by total income — it is always lower because lower brackets apply to the first portions of your income.
Does this include state taxes?: No. This calculator covers US federal income tax only. State income tax rates vary widely and are not included in this estimate.
What is the standard deduction for 2026?: For 2026 the standard deduction is $16,100 for single filers, $32,200 for married filing jointly, and $24,150 for head of household.
What are FICA taxes?: FICA taxes include Social Security (6.2% up to the wage base) and Medicare (1.45%). This calculator does not include FICA, so your actual take-home pay will be somewhat lower.
Should I itemize or take the standard deduction?: Itemize only if your qualifying expenses — mortgage interest, state taxes, charitable donations, and so on — exceed the standard deduction for your filing status. Most taxpayers benefit from the standard deduction.

⚡ Related Finance Tools & Calculators

Salary Calculator Budget Calculator GST Calculator ROI Calculator