Tax Bracket Calculator
See your 2024 federal income tax bracket, marginal rate, and effective rate. The US tax system is progressive — you only pay each rate on the income that falls within that bracket, not your entire income.
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Enter your gross income — wages, salary, freelance, etc. Does not include capital gains (taxed separately).
Head of Household applies if you're unmarried and pay more than half the cost of keeping a home for a qualifying person.
Gross Income$85,000
Standard Deduction−$14,600
Taxable Income$70,400
Federal Tax Owed
$10,541
Marginal Rate
22%
On your next dollar
Effective Rate
12.4%
Actual average rate
Taxable Income by Bracket (2024)
BracketIncome in BracketTax PaidRate
10%$11,600$1,16010%
12%$35,550$4,26612%
22%$23,250$5,11522%
Total$70,400$10,54112.4%
Marginal ≠ Effective
Being in the 22% bracket doesn't mean you pay 22% on everything. You only pay that rate on income above the bracket floor. Your effective rate of 12.4% is what you actually pay on average.