Income
Tax
Calculator

Calculate estimated federal income tax with bracket-by-bracket breakdown for all filing statuses using 2024 tax rates.

Filing Status

Single

Result

Total Tax

$11,553

Effective Rate

15.4%

Marginal Rate

22.0%

Bracket Breakdown

RateIncome RangeTaxableTax
10%$0 - $11,600$11,600$1,160
12%$11,600 - $47,150$35,550$4,266
22%$47,150 - $100,525$27,850$6,127
24%$100,525 - $191,950$0$0
32%$191,950 - $243,725$0$0
35%$243,725 - $609,350$0$0
37%$609,350+$0$0

Learn more

Does moving to a higher bracket really tax all your income at the higher rate?

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Frequently Asked Questions

The US uses a progressive marginal tax system with seven federal brackets ranging from 10 to 37 percent for 2024. Each bracket rate applies only to income within that range, not to the total income.

The marginal rate is the rate applied to the last dollar of income earned. The effective rate is total tax paid divided by total taxable income, and is always lower than the marginal rate in a progressive system.

Common deductions include the standard deduction, mortgage interest, state and local taxes up to 10,000 USD, and charitable contributions. Choosing the standard deduction is simpler and often higher than itemizing for most filers.

Income Tax Calculator - 2024 Federal Tax Brackets | ToolsCanvas