Tax Bracket Calculator

Free 2024 US federal tax bracket calculator. Enter your income and filing status to see exactly how much falls into each bracket. View your total tax, effective tax rate, marginal rate, and after-tax income. Compare filing statuses side by side.

Disclaimer

This is an estimate based on 2024 US Federal tax brackets. It does not constitute tax advice. State and local taxes, credits, and deductions beyond the standard deduction are not included.

Filing Status

Annual Gross Income ($)

Enter your annual gross income above to see exactly how your income is taxed across each bracket.

2024 Federal Tax Brackets — Single

Rate	Taxable Income Range
10%	$0 – $11,600
12%	$11,600 – $47,150
22%	$47,150 – $100,525
24%	$100,525 – $191,950
32%	$191,950 – $243,725
35%	$243,725 – $609,350
37%	$609,350 – and above

Standard Deduction: $14,600

How Tax Brackets Work

Progressive Taxation

The US uses a progressive tax system. Your income is not all taxed at the same rate. Instead, each portion of your income is taxed at the rate for the bracket it falls into.

Effective vs Marginal Rate

Your marginal rate is the rate on your last dollar earned (the highest bracket you reach). Your effective rate is the average rate across all your income — it is always lower than the marginal rate because lower brackets are taxed at lower rates.

Standard Deduction

The standard deduction reduces your taxable income before brackets are applied. For 2024, the standard deduction is $14,600 (Single), $29,200 (Married Filing Jointly), or $21,900 (Head of Household).

Important: This calculator shows 2024 US Federal income tax brackets only. It does not account for state/local taxes, FICA (Social Security and Medicare), tax credits, capital gains, self-employment tax, AMT, or other tax situations. This is not tax advice. Always consult a qualified tax professional for your specific situation.

How to Use Tax Bracket Calculator

1Enter your gross annual income.
2Select your filing status.
3View your bracket breakdown, total tax, and effective rate.
4Compare different filing statuses side by side.

Frequently Asked Questions

What is the difference between marginal and effective tax rate?▾

Your marginal rate is the rate on your last dollar of income (your highest bracket). Your effective rate is total tax divided by total income — it's always lower than your marginal rate because lower brackets are taxed at lower rates.

What are the 2024 tax brackets?▾

For single filers in 2024: 10% up to $11,600, 12% up to $47,150, 22% up to $100,525, 24% up to $191,950, 32% up to $243,725, 35% up to $609,350, and 37% above $609,350.

Does the standard deduction reduce my taxable income?▾

Yes. The 2024 standard deduction is $14,600 for single filers, $29,200 for married filing jointly, and $21,900 for head of household. This amount is subtracted from your gross income before applying tax brackets.

About Tax Bracket Calculator

NexTool's Tax Bracket Calculator is completely free to use with no sign-up required. Your data is processed directly in your browser and never sent to our servers, ensuring complete privacy and instant results.