Income Tax Calculator
Estimate your US federal income tax based on 2024 tax brackets. Includes filing status and standard deduction.
Embed this tool2024 standard deduction: $14,600 (single), $29,200 (married), $21,900 (head)
Estimate your take-home pay with our Paycheck Calculator, or convert your hourly rate to an annual salary using the Hourly to Salary Calculator.
Taxable Income
$60,400
Federal Tax
$8,341
Effective Rate
13.8%
| Bracket | Taxable Amount | Tax |
|---|---|---|
| 1 - 11,600 | $11,600 | $1,160 |
| 11,601 - 47,150 | $35,550 | $4,266 |
| 47,151 - 100,525 | $13,250 | $2,915 |
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External References
Frequently Asked Questions
The standard deduction is a fixed dollar amount that reduces the income you are taxed on. For 2024, it is $14,600 for single filers, $29,200 for married couples, and $21,900 for heads of household.
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