1040 Tax Calculator 2016

Calculate your 2016 federal income tax liability using Form 1040 tax brackets and deductions.

Income & Filing Status

Gross Income

$

Filing Status

Above-the-Line Adjustments

$

Deductions & Credits

Use Standard Deduction ($6,300)

Tax Credits

$

2016 Tax Calculation Results

Adjusted Gross Income$75,000.00

Deduction$6,300.00

Taxable Income$68,700.00

Federal Tax$12,946.25

Tax Credits Applied$0.00

Total Tax$12,946.25

Effective Tax Rate17.26

Marginal Tax Rate25