Tax Bracket Calculator
Find your federal tax bracket and understand marginal tax rates. The U.S. uses a progressive tax system where higher income is taxed at higher rates.
2024 Federal Tax Brackets (Single)
| Tax Rate | Income Range | Tax Calculation |
|---|---|---|
| 10% | $0 - $11,600 | 10% of taxable income |
| 12% | $11,601 - $47,150 | $1,160 + 12% over $11,600 |
| 22% | $47,151 - $100,525 | $5,426 + 22% over $47,150 |
| 24% | $100,526 - $191,950 | $17,168.50 + 24% over $100,525 |
| 32% | $191,951 - $243,725 | $39,110.50 + 32% over $191,950 |
| 35% | $243,726 - $609,350 | $55,678.50 + 35% over $243,725 |
| 37% | $609,351+ | $183,647.25 + 37% over $609,350 |
2024 Federal Tax Brackets (Married Filing Jointly)
| Tax Rate | Income Range |
|---|---|
| 10% | $0 - $23,200 |
| 12% | $23,201 - $94,300 |
| 22% | $94,301 - $201,050 |
| 24% | $201,051 - $383,900 |
| 32% | $383,901 - $487,450 |
| 35% | $487,451 - $731,200 |
| 37% | $731,201+ |
Tax Bracket Calculator
``javascript
function findTaxBracket(taxableIncome, filingStatus = 'single') {
const brackets = {
single: [
{ max: 11600, rate: 10 },
{ max: 47150, rate: 12 },
{ max: 100525, rate: 22 },
{ max: 191950, rate: 24 },
{ max: 243725, rate: 32 },
{ max: 609350, rate: 35 },
{ max: Infinity, rate: 37 }
],
married: [
{ max: 23200, rate: 10 },
{ max: 94300, rate: 12 },
{ max: 201050, rate: 22 },
{ max: 383900, rate: 24 },
{ max: 487450, rate: 32 },
{ max: 731200, rate: 35 },
{ max: Infinity, rate: 37 }
]
};
const schedule = brackets[filingStatus];
const bracket = schedule.find(b => taxableIncome <= b.max);
return {
marginalRate: bracket.rate + '%',
taxableIncome,
filingStatus
};
}
``
Marginal vs. Effective Rate
| Concept | Definition | Example ($80k income, single) |
|---|---|---|
| Marginal Rate | Rate on next dollar earned | 22% (your bracket) |
| Effective Rate | Average rate on all income | ~14% (total tax / income) |
Worked Through the Brackets
On $75,000 of gross income, filing single, taking the $14,600 standard deduction — so $60,400 of taxable income:
| Bracket | Range | Income taxed here | Tax |
|---|---|---|---|
| 10% | $0 – $11,600 | $11,600 | $1,160 |
| 12% | $11,600 – $47,150 | $35,550 | $4,266 |
| 22% | $47,150 – $100,525 | $13,250 | $2,915 |
| Total | $8,341 |
The Same Income, Different Sources
| Source | Federal tax on it |
|---|---|
| Wages (above) | $8,341 |
| Self-employment profit | $8,341 income tax plus $10,597 SE tax |
| Long-term capital gain of $10,000 | $1,500 at 15% |