1040 Tax Calculator 2021

Calculate your 2021 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 ($12,550)

Tax Credits

$

2021 Tax Calculation Results

Adjusted Gross Income$75,000.00

Deduction$12,550.00

Taxable Income$62,450.00

Federal Tax$9,487.50

Tax Credits Applied$0.00

Total Tax$9,487.50

Effective Tax Rate12.65

Marginal Tax Rate22