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This is a simple income tax calculator displaying tax rates based on income taxes reported to the IRS.

The Individual Income Tax Rates and Tax Shares shows what a taxpayer can expect to pay for a given year.

Calculations are based on the standard tax rates for average income families using the standard deduction. The final income tax rate is based on the IRS marginal tax rate.


 

Your tax rate depends on your filing status of the current Income Tax Return (single, married, married filing joint return, Married filing separate return, Head of Household, Qualifying widow(er). Your employment status, number of dependent children, and age (if over 65) are also factors.

The standard deduction you can claim on IRS income taxes is $11,600. If this is more than the total of your allowable itemized deductions, then this standard deduction will be subtracted from your taxes owed. On our IRS tax forms page you can find the required forms to complete your taxes or file an extension if needed.

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3 Responses to Income Tax Calculator and Effective Tax Rate for Income Reported to the IRS

  1. Allan Kelley says:

    If you don’t use a tax professional you can use one of many tax calculators you can find online to reduce your taxable income.

  2. Justine says:

    the IRS needs to break out the calculators that are busy calculating tax forms to make sure that the average American is paying what they owe and instead focus on getting all of their affairs in order when they pass it on to future generations.

  3. [...] of gathering paperwork, pouring through difficult-to-understand tax forms, juggling paper and a calculator, and hoping desperately that you don’t have to pay taxes this year. The stress comes from [...]

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