What is the difference between effective and marginal tax rate?

The marginal rate is the rate on your highest dollar of income. The effective rate is total tax ÷ total income - your actual average rate. They differ because income tax brackets apply progressively.

What is the standard deduction for 2024?

For 2024, the US standard deduction is $14,600 for single filers, $29,200 for married filing jointly, and $21,900 for head of household.

/ business tools

Tax Calculator

Live

Country

Currency

Annual Gross Income ($)

Filing Status

Deduction

Total Tax Due

$8,341.00

Effective Tax Rate

11.12%

Take-Home Pay

$66,659.00

Taxable Income

$60,400.00

Deduction Applied

$14,600.00

Tax Bracket Breakdown (US 2024)

$0 – $11,600 (10%)$1,160.00

$11,600 – $47,150 (12%)$4,266.00

$47,150 – $100,525 (22%)$2,915.00

Privacy First: Your files are processed securely. Whenever possible, processing happens in your browser and files are never stored on our servers.

Two tools in one. Income tax uses 2024 US federal brackets (10%-37%) with standard or custom deductions. Sales tax converts prices between pre-tax and inclusive amounts.

How to Use

1Select the Income Tax or Sales Tax tab
2Income Tax: choose filing status, enter annual income, select standard or custom deduction
3Click Calculate to see taxable income, tax per bracket, total tax, effective rate, and net pay
4Sales Tax: enter the pre-tax price and tax rate to get tax amount and total, or reverse-calculate from the total
5The US 2024 federal tax brackets are shown as a reference table

Features

2024 US federal income tax brackets (10%–37%)
All filing statuses: Single, Married Jointly, Head of Household
Standard deduction pre-filled or custom
Per-bracket tax breakdown
Effective vs marginal rate shown
Sales tax: pre-tax → inclusive and reverse calculation
100% browser-based

Tax Calculator

How to Use

Features

Frequently Asked Questions

/ related tools

Community Feedback

Reviews

Rate & Review

/ share this tool