US Tax Calculators

Tax season does not have to be stressful when you can estimate your liability ahead of time. Our seven US-focused tax calculators help W-2 employees, freelancers, investors, and small business owners understand what they owe before filing. Estimate your federal income tax across all seven brackets and filing statuses. Calculate self-employment tax if you work for yourself. Model capital gains taxes on stock sales to decide whether to hold or sell. Check your W-4 withholding to avoid a surprise bill or an oversized refund. Convert salary to take-home pay with the paycheck calculator that accounts for federal, state, Social Security, and Medicare deductions. All tools are free, private, and run entirely in your browser.

Frequently Asked Questions

How do US federal income tax brackets work?

The US uses a progressive tax system with seven brackets (10%, 12%, 22%, 24%, 32%, 35%, 37%). Only the income within each bracket is taxed at that rate, not your entire income. For example, a single filer earning $50,000 pays 10% on the first $11,600, 12% on the next portion, and 22% on the remainder. Our calculator applies the correct brackets for your filing status.

How is self-employment tax calculated?

Self-employment tax covers Social Security (12.4%) and Medicare (2.9%) on net self-employment income. You first multiply net income by 92.35% to get the taxable base. The combined 15.3% rate applies up to the Social Security wage base, and the 2.9% Medicare portion applies to all earnings. An additional 0.9% Medicare surtax applies above $200,000 for single filers.

What is the difference between salary and paycheck calculators?

A salary calculator converts between annual, monthly, biweekly, weekly, and hourly pay rates. A paycheck calculator goes further by deducting federal income tax, state tax, Social Security, Medicare, and other withholdings to show your actual take-home pay for each pay period.

How are capital gains taxed in the US?

Short-term capital gains (assets held under one year) are taxed as ordinary income. Long-term capital gains (over one year) receive preferential rates of 0%, 15%, or 20% depending on your taxable income. High earners may also owe a 3.8% Net Investment Income Tax. Our calculator determines your rate based on filing status and income.

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