Tax Calculator 2024
Estimate your federal income tax, state tax, and FICA using 2024 IRS tax brackets. Shows effective rate and take-home pay.
Estimated Take-Home Pay
$0
Based on 2024 single filer brackets. For estimation only — consult a tax professional for advice.
📐 Formula
Federal Tax = Sum of (income in each bracket × bracket rate). Effective Rate = Total Tax / Gross Income × 100
Frequently Asked Questions
For single filers in 2024: 10% on income up to $11,600; 12% up to $47,150; 22% up to $100,525; 24% up to $191,950; 32% up to $243,725; 35% up to $609,350; 37% above that.
The 2024 standard deduction is $14,600 for single filers, $29,200 for married filing jointly, and $21,900 for head of household. It reduces your taxable income.
FICA is Social Security (6.2% on wages up to $168,600) plus Medicare (1.45% on all wages, plus 0.9% on wages over $200,000). Your employer matches these contributions.