Income Tax Calculator – Estimate Your Federal Taxes for 2024 & 2025

Income Tax Calculator (US 2024 & 2025)

What Is the Income Tax Calculator?

The Income Tax Calculator helps you estimate your federal tax obligation or refund for the 2024 and 2025 tax years. It uses your reported income, deductions, credits, and filing status to estimate how much tax you may owe or how much you might get back as a refund.

Who Should Use This Tool?

This calculator is primarily intended for U.S. residents who receive a W-2 form, are self-employed, or have other sources of taxable income such as investments, dividends, or capital gains. It also allows for deductions such as student loan interest, IRA contributions, and child care expenses.

Federal Tax Brackets for 2025 (Single Filers)

  • 10% on income up to $11,600
  • 12% on income from $11,601 to $47,150
  • 22% on income from $47,151 to $100,525
  • 24% on income from $100,526 to $191,950
  • 32% on income from $191,951 to $243,725
  • 35% on income from $243,726 to $609,350
  • 37% on income over $609,351

Why Accurate Estimation Matters

Knowing your tax situation in advance helps you plan better. You can adjust your withholdings, maximize deductions, or prepare for potential liabilities. Use this tool to avoid tax surprises and stay financially smart.

Need Help Filing Taxes?

If you’re unsure about your actual deductions or credits, consider using a tax professional or trusted online software to file your IRS Form 1040 accurately.