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Income Tax Calculator

Estimate your 2024 US federal income tax, effective rate, and take-home pay based on your income and filing status.

US Federal 2024 100% free

Formulas verified against authoritative sources including the CFPB and Federal Reserve. Last reviewed . Editorial policy.

Income Details

$

Tax Estimate

Federal Tax

$8,341.00

Effective Rate

11.1%

Marginal Rate

22%

Taxable Income

$60,400.00

Standard Deduction

$14,600.00

Est. Take-Home Pay

$60,921.50

* Estimate only. Includes standard deduction and FICA (7.65%). Does not include state taxes, credits, or other deductions.

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