U.S. Federal Tax Calculator

Estimate your federal income tax, self-employment tax, and effective tax rate based on current IRS tax brackets and rules.

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Filing Status

Select how you will file your federal tax return

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Income

Enter all sources of income for the tax year

Earned Income
$
$
Net profit after business expenses
Investment Income
$
$
Included in ordinary dividends above
$
Held ≤ 1 year — taxed as ordinary income
$
Held > 1 year — 0%, 15%, or 20%
$
$
After rental expenses & depreciation
Other Income
$
$
Total received (0–85% may be taxable)
$
Alimony, gambling, misc income
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Adjustments to Income

Above-the-line deductions that reduce your AGI

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Max $7,000 ($8,000 if 50+) in 2024–2025
$
Max $4,300 single / $8,550 family (2025)
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Max $2,500 deduction
$
$
$
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Deductions

Choose standard deduction or enter itemized deductions

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Standard deduction for your filing status: $15,000
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Tax Credits

Credits directly reduce your tax liability dollar-for-dollar

Child Tax Credit
$2,000 per qualifying child under 17
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Child & Dependent Care Credit
For childcare expenses (20–35% of eligible costs)
$
Retirement Savings Credit
Saver's credit for eligible contributions
$
Education Credits
American Opportunity / Lifetime Learning Credit
$
Foreign Tax Credit
For taxes paid to foreign governments
$
Other Tax Credits
EV credits, energy credits, etc.
$
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Withholding & Payments

Taxes already paid toward the current year

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$
Quarterly payments (Form 1040-ES)

Tax Estimate

2025
Estimated Federal Tax Owed
$0
Effective Rate
0.0%
Marginal Rate
10%
Income Summary
Gross Income $0
Adjustments −$0
Adjusted Gross Income $0
Deductions −$0
Taxable Income $0
Tax Calculation
Federal Income Tax $0
LTCG / Qualified Div Tax $0
Self-Employment Tax $0
Net Investment Income Tax $0
Tax Credits −$0
Total Federal Tax $0
Refund / Amount Due
Withholding & Payments −$0
Amount Due $0
Tax Bracket Breakdown
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Disclaimer: This calculator provides estimates for federal income tax only. It does not account for state/local taxes, AMT (Alternative Minimum Tax), phase-outs, or all tax situations. Results are for informational purposes only and do not constitute tax advice. Please consult a qualified tax professional for your specific situation.