Finance & money · Tax
Salary & Tax Estimator
Estimate your US federal income tax and take-home pay using 2024 IRS brackets. Includes FICA (Social Security + Medicare). For estimation only — not tax advice.
Enter values above to see the result.
How it works
Estimates US federal income tax and take-home pay using 2024 IRS tax brackets. Uses standard deductions and FICA rates. This is an estimate only — consult a tax professional for advice.
Step by step
- 1Enter your annual gross salary and filing status.
- 2Add any additional itemized deductions above the standard deduction.
- 3Federal tax is calculated using 2024 marginal tax brackets.
- 4FICA = 6.2% Social Security (up to $168,600) + 1.45% Medicare.
Examples
Single filer, $75,000 gross
2024 standard deduction ($14,600) reduces taxable income to $60,400.
Inputs
- grossSalary:
- 75000
- filingStatus:
- single
- deductions:
- 0
Result
- effectiveRate:
- 18.8%
Frequently asked questions
What is the standard deduction for 2024?▾
For 2024, the standard deduction is $14,600 for single filers, $29,200 for married filing jointly, and $21,900 for head of household.
Does this include state income tax?▾
No. This calculator covers US federal income tax and FICA only. State income tax varies widely and is not included. For a full picture, add your state's tax rate.