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Estimate your 2024 US federal income tax based on filing status and gross income.
Uses 2024 US federal tax brackets with standard deduction applied. Tax = sum of income in each bracket × bracket rate.
For 2024, the standard deduction is $14,600 for single filers and $29,200 for married filing jointly.
Your marginal rate is the rate on your last dollar of income. Your effective rate is your total tax divided by total income — always lower than your marginal rate.
No, this calculator only estimates federal income tax. State income taxes vary significantly — from 0% in states like Texas and Florida to over 10% in California.
Tax brackets are ranges of income taxed at specific rates. You only pay the higher rate on income within that bracket, not on all your income.
Common strategies include maxing out 401(k) and IRA contributions, claiming all eligible deductions, using tax-advantaged accounts like HSAs, and timing income/deductions strategically.