Federal Income Tax Calculator
2026 federal tax estimate — effective rate, marginal bracket, and take-home pay.
Bracket Breakdown
Estimated Federal Tax
$8,114
Based on $60,000 taxable income
Effective Rate
10.8%
Marginal Rate
22%
Take-Home Pay (Federal)
$66,886
Standard deduction of $15,000 applied
Income Allocation
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Disclaimer: This calculator provides estimates for federal income tax only using 2026 projected brackets and standard deductions. It does not account for FICA, state taxes, itemized deductions, credits, or other adjustments. Consult a tax professional for advice.
Frequently Asked Questions
What is the difference between marginal and effective tax rate?
Your marginal tax rate is the rate applied to your last dollar of income. Your effective rate is your total tax divided by total income — it is always lower than your marginal rate because lower income is taxed at lower rates.
What are the 2026 federal income tax brackets?
For 2026, the IRS brackets are 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Income is taxed progressively — only the portion of income in each bracket is taxed at that rate.
What is the 2026 standard deduction?
For 2026, the standard deduction is approximately $15,000 for Single filers, $30,000 for Married Filing Jointly, and $22,500 for Head of Household (subject to IRS final adjustments).