US Tax Calculator
Estimate your 2024 federal and state income taxes to see your actual take-home pay.
* Calculations use 2024 Federal brackets. FICA includes Social Security and Medicare. State tax is calculated as a flat percentage of gross income.
Understanding Your 2024 Take-Home Pay
Tax planning is essential for anyone earning a salary in the United States. Our calculator accounts for Federal Income Tax (based on progressive brackets), FICA taxes (Social Security and Medicare), and State Income taxes to give you a clear picture of what you'll actually keep each month.
2024 Federal Income Tax Brackets (Single Filers)
| Tax Rate | Taxable Income Range |
|---|---|
| 10% | $0 to $11,600 |
| 12% | $11,601 to $47,150 |
| 22% | $47,151 to $100,525 |
| 24% | $100,526 to $191,950 |
| 32% | $191,951 to $243,725 |
Standard Components of Your Tax Bill
- Federal Income Tax: The progressive tax collected by the IRS to fund national services.
- FICA (Social Security & Medicare): A combined 7.65% for employees (6.2% for Social Security and 1.45% for Medicare).
- State Income Tax: Varies wildly by state—from 0% in states like Texas and Florida to over 10% in high-tax states.
Note on Accuracy
This tool provides a simplified estimation for educational purposes based on standard deductions. For official tax filing, please consult a tax professional.