Last updated: September 2026 · Reviewed by the MoneyTols team
Estimate your federal income tax, FICA, state tax and take-home pay in seconds. Everything updates instantly as you type.
Federal estimate only. This is a planning estimate, not tax advice or a filing-ready calculation. The state figure is a simplified representative-rate estimate, and the federal effective rate excludes FICA and state tax. Standard deduction 2026: Single $16,100 · MFJ $32,200 · MFS $16,100 · HOH $24,150. Child Tax Credit estimate: up to $2,200 per entered dependent assumed to be a qualifying child, with an approximate $50-per-$1,000 phaseout above $200,000 ($400,000 MFJ); age, relationship, residency, SSN, income, refundable portions, and other eligibility requirements are not fully modeled. State tax uses a simplified representative rate and is not a filing calculation.
Some 2026 provisions—such as qualified overtime/tips deductions, senior deductions, special credits, and detailed state rules—may require additional information and are not fully modeled here.
| Bracket | Income range | Taxed in bracket | Tax |
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Highlighted row = your marginal (top) bracket. Figures use 2026 federal brackets; Social Security wage base $184,500.
This free calculator estimates what you will owe the IRS for the 2026 tax year (returns filed in early 2027). Enter your filing status, gross wages, pre-tax retirement or HSA contributions, dependents and optionally your state, and it instantly shows your taxable income, federal tax bill, Social Security and Medicare (FICA) withholding, an estimated state income tax, and what actually lands in your bank account each month. A bracket table shows exactly how each slice of your income is taxed, and the chart breaks your paycheck into take-home pay versus each tax.
The US uses a progressive system with seven rates: 10%, 12%, 22%, 24%, 32%, 35% and 37%. A common myth is that moving into a higher bracket taxes all of your income at that higher rate. It does not. Each bracket only applies to the dollars that fall inside its range.
For example, a single filer with $60,000 of taxable income in 2026 pays 10% on the first $12,400, 12% on the amount between $12,400 and $50,400, and 22% only on the remaining $9,600. Their top (marginal) rate is 22%, but their effective rate — total tax divided by total income — is far lower.
Before brackets apply, you subtract either the standard deduction or your itemized deductions, plus any pre-tax payroll contributions such as a traditional 401(k) or HSA. Eligible tax credits, such as the Child Tax Credit, are subtracted from tax itself. This tool uses a simplified credit assumption and does not verify every eligibility or refundable-credit rule.
Your marginal rate is the rate applied to your last dollar of taxable income — useful for deciding whether to contribute more to a 401(k). Your effective federal rate is federal income tax after modeled credits divided by gross income. It is not a complete measure of total payroll and state taxes, and it may not always be lower than the marginal rate in every simplified scenario.
In general, compare your eligible itemized deductions with the standard deduction and use the applicable rules for your filing situation. This simplified tool lets you enter either a standard or itemized amount but does not determine full itemization eligibility. Itemizing usually only wins if you have a large mortgage interest, state and local tax, medical or charitable total.
Yes. Social Security is 6.2% of wages up to the 2026 wage base of $184,500. Medicare is 1.45% on all wages, plus an Additional Medicare Tax of 0.9% on wages above $200,000 (single/HOH), $250,000 (joint) or $125,000 (married filing separately). Note that pre-tax items differ for FICA purposes: HSA contributions through payroll avoid FICA, while traditional 401(k) contributions do not.
States differ enormously: nine have no wage income tax, some are flat-rate, and others have their own brackets, deductions and credits. This tool applies a single representative rate per state to your federal taxable income to give you a ballpark figure, not a filing-ready number.
Traditional 401(k), 403(b), HSA and FSA contributions come out of your pay before federal income tax is calculated, so they reduce your taxable income directly. A $6,000 contribution for someone in the 22% bracket cuts about $1,320 from their federal tax while still being their own money.
The 2026 tax year, using the inflation-adjusted brackets, standard deductions and credit amounts published by the IRS in Revenue Procedure 2025-32. Some newer deductions, special situations, and eligibility rules are not fully modeled. These are the numbers for income earned during 2026 and reported on the return you file in 2027.
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