Calculate your 2024 income tax and estimated refund with our comprehensive tax calculator. Whether you're planning ahead or reviewing your current tax situation, our free online tax estimator provides accurate calculations based on the latest tax brackets and deductions.
Calculate Your Income Tax
Your Tax Calculation Results
How Our Tax Calculator Works
Our income tax calculator uses the current federal tax brackets to determine your tax liability. The calculator considers your filing status, income level, and deductions to provide an accurate estimate of your taxes owed or refund due.
Key Features of Our Tax Estimator
Current Tax Brackets
Updated with the latest federal tax rates and income thresholds for accurate calculations.
Multiple Filing Status
Supports all filing statuses including single, married, and head of household.
Deduction Calculator
Includes standard and itemized deductions to maximize your tax savings.
2024 Federal Tax Brackets
| Tax Rate | Single | Married Filing Jointly |
|---|---|---|
| 10% | $0 - $11,000 | $0 - $22,000 |
| 12% | $11,001 - $44,725 | $22,001 - $89,450 |
| 22% | $44,726 - $95,375 | $89,451 - $190,750 |
| 24% | $95,376 - $182,050 | $190,751 - $364,200 |
Tax Planning Tips
Using a tax calculator throughout the year helps you make informed financial decisions. Consider maximizing your retirement contributions, tracking deductible expenses, and understanding how different income sources affect your tax liability.
Remember that this tax calculator provides estimates based on federal taxes only. State taxes, local taxes, and specific circumstances may affect your actual tax situation. Always consult with a tax professional for complex situations or official tax advice.