Income Tax Calculator

Income Tax Calculator - Calculate Your 2024 Income Tax

Calculate your income tax instantly with our free income tax calculator. Based on 2024 tax brackets, see your federal tax, state tax, effective rate, and marginal rate.

How to Use This Calculator

Enter your annual gross income and state tax rate. Select your filing status (single, married filing jointly, or head of household) to see your tax breakdown.

2024 Federal Tax Brackets

Tax brackets are marginal, meaning only income within each bracket is taxed at that rate. The brackets below are for taxable income after the standard deduction.

Single Filers:

• 10%: $0 - $11,600
• 12%: $11,600 - $47,150
• 22%: $47,150 - $100,525
• 24%: $100,525 - $191,950
• 32%: $191,950 - $243,725
• 35%: $243,725 - $609,350
• 37%: $609,350+

Married Filing Jointly:

• 10%: $0 - $23,200
• 12%: $23,200 - $94,300
• 22%: $94,300 - $201,050
• 24%: $201,050 - $383,900
• 32%: $383,900 - $487,450
• 35%: $487,450 - $731,200
• 37%: $731,200+

Head of Household:

• 10%: $0 - $16,550
• 12%: $16,550 - $63,100
• 22%: $63,100 - $100,500
• 24%: $100,500 - $191,950
• 32%: $191,950 - $243,700
• 35%: $243,700 - $609,350
• 37%: $609,350+

Standard Deductions for 2024

• Single: $14,600
• Married Filing Jointly: $29,200
• Head of Household: $21,900

Effective vs. Marginal Tax Rate

Your marginal tax rate is the rate you pay on your last dollar of income (your tax bracket). Your effective tax rate is the average rate you pay across all brackets, typically much lower than your marginal rate.

Example: If you're single with $100,000 taxable income, you're in the 24% bracket, but your effective rate is only about 15%.