1040 Tax Calculator 2023

Calculate your 2023 federal income tax liability using Form 1040 tax brackets and deductions.

Income & Filing Status

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Deductions & Credits

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2023 Tax Calculation Results

Adjusted Gross Income$75,000.00
Deduction$13,850.00
Taxable Income$61,150.00
Federal Tax$8,760.50
Tax Credits Applied$0.00
Total Tax$8,760.50
Effective Tax Rate11.68
Marginal Tax Rate22