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.