1040 Tax Calculator

Calculate your federal income tax liability using Form 1040 tax brackets and deductions.

Income & Filing Status

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Deductions & Credits

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Tax Calculation Results

Adjusted Gross Income$75,000.00
Deduction$15,000.00
Taxable Income$60,000.00
Federal Tax$8,114.00
Tax Credits Applied$0.00
Total Tax$8,114.00
Effective Tax Rate10.82
Marginal Tax Rate22

Tax Bracket Breakdown

10% on $11,925$1,192.5
12% on $36,550$4,386
22% on $11,525$2,535.5