Free Tool

Income Tax Calculator

Estimate your annual federal and state income tax liability for W-2 wages, self-employment, investments, and retirement income.

Total Tax Liability

$9,842

for 2026

Income
Gross Income $75,000
Adjusted Gross Income $75,000
Standard Deduction -$16,100
Taxes
Federal Income Tax
$7,670
State Tax
$2,172
Total Tax $9,842
After-Tax Income
$65,158

Effective Rate

13.1%

Federal Marginal

22.0%

Cap Gains Rate

15.0%

State Rate

8.0%

This calculator provides estimates based on 2026 federal and state tax rates using the standard deduction. Actual tax liability may vary based on itemized deductions, tax credits, AMT, and other factors. Consult a tax professional for personalized advice.

2026 Tax Brackets

Reference guide for federal income and capital gains tax rates.

Single Filers

Ordinary Income Brackets

$0 - $12,400 10%
$12,401 - $50,400 12%
$50,401 - $105,700 22%
$105,701 - $201,775 24%
$201,776 - $256,225 32%
$256,226 - $640,600 35%
$640,601+ 37%

Standard deduction: $16,100

Married Filing Jointly

Ordinary Income Brackets

$0 - $24,800 10%
$24,801 - $100,800 12%
$100,801 - $211,400 22%
$211,401 - $403,550 24%
$403,551 - $512,450 32%
$512,451 - $768,700 35%
$768,701+ 37%

Standard deduction: $32,200

Capital Gains Rates

Long-term & Qualified Dividends

SINGLE FILERS

$0 - $48,350 0%
$48,351 - $533,400 15%
$533,401+ 20%

MARRIED JOINTLY

$0 - $96,700 0%
$96,701 - $600,050 15%
$600,051+ 20%

Self-Employment Tax

For 1099/Schedule C income

Social Security 12.4% (up to $184,500)
Medicare 2.9% (all income)
Additional Medicare 0.9% (above $200k/$250k)

SE tax applies to 92.35% of net SE income. 50% of SE tax is deductible from gross income.

Net Investment Income Tax

3.8% surtax for high earners

Single/Head of Household AGI > $200,000
Married Filing Jointly AGI > $250,000
Married Filing Separately AGI > $125,000

Applies to interest, dividends, capital gains, and other investment income. Does not apply to wages or self-employment income.

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