Irs Calculator 2024

Federal Income Tax Calculator 2024

Single Married Filing Jointly Head of Household Married Filing Separately

We automatically apply the 2024 Standard Deduction.

Estimated Tax Results (2024)

Taxable Income: $0

Estimated Federal Tax: $0

Effective Tax Rate: 0%

function calculate2024Tax() { var gross = parseFloat(document.getElementById('annualIncome').value); var status = document.getElementById('filingStatus').value; var extraDeductions = parseFloat(document.getElementById('otherDeductions').value) || 0; if (isNaN(gross) || gross < 0) { alert("Please enter a valid gross income."); return; } // 2024 Standard Deductions var standardDeduction = 0; if (status === 'single') standardDeduction = 14600; else if (status === 'married') standardDeduction = 29200; else if (status === 'head') standardDeduction = 21900; else if (status === 'separate') standardDeduction = 14600; var taxableIncome = gross – standardDeduction – extraDeductions; if (taxableIncome < 0) taxableIncome = 0; var tax = 0; // 2024 Tax Brackets if (status === 'single' || status === 'separate') { if (taxableIncome <= 11600) tax = taxableIncome * 0.10; else if (taxableIncome <= 47150) tax = 1160 + (taxableIncome – 11600) * 0.12; else if (taxableIncome <= 100525) tax = 5426 + (taxableIncome – 47150) * 0.22; else if (taxableIncome <= 191950) tax = 17168.50 + (taxableIncome – 100525) * 0.24; else if (taxableIncome <= 243725) tax = 39110.50 + (taxableIncome – 191950) * 0.32; else if (taxableIncome <= 609350) tax = 55678.50 + (taxableIncome – 243725) * 0.35; else tax = 183647.25 + (taxableIncome – 609350) * 0.37; } else if (status === 'married') { if (taxableIncome <= 23200) tax = taxableIncome * 0.10; else if (taxableIncome <= 94300) tax = 2320 + (taxableIncome – 23200) * 0.12; else if (taxableIncome <= 201050) tax = 10852 + (taxableIncome – 94300) * 0.22; else if (taxableIncome <= 383900) tax = 34337 + (taxableIncome – 201050) * 0.24; else if (taxableIncome <= 487450) tax = 78221 + (taxableIncome – 383900) * 0.32; else if (taxableIncome <= 731200) tax = 111357 + (taxableIncome – 487450) * 0.35; else tax = 196669.50 + (taxableIncome – 731200) * 0.37; } else if (status === 'head') { if (taxableIncome <= 16550) tax = taxableIncome * 0.10; else if (taxableIncome <= 63100) tax = 1655 + (taxableIncome – 16550) * 0.12; else if (taxableIncome <= 100500) tax = 7241 + (taxableIncome – 63100) * 0.22; else if (taxableIncome <= 191950) tax = 15469 + (taxableIncome – 100500) * 0.24; else if (taxableIncome <= 243700) tax = 37417 + (taxableIncome – 191950) * 0.32; else if (taxableIncome 0 ? (tax / gross) * 100 : 0; document.getElementById('resTaxableIncome').innerText = "$" + taxableIncome.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById('resTotalTax').innerText = "$" + tax.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById('resEffectiveRate').innerText = effectiveRate.toFixed(2) + "%"; document.getElementById('resultsArea').style.display = 'block'; }

Navigating the United States federal tax system requires staying updated with annual adjustments made by the IRS. For the 2024 tax year (taxes filed in 2025), the IRS has increased standard deductions and adjusted tax brackets to account for inflation. Using an IRS Calculator 2024 is the most efficient way to estimate your liability before the filing season begins.

Key Changes in the 2024 Tax Year

Every year, the IRS adjusts more than 60 tax provisions. For 2024, the primary focus for most taxpayers is the significant bump in the Standard Deduction and the shifting income thresholds for progressive tax brackets.

2024 Standard Deduction Amounts

• Single / Married Filing Separately: $14,600 (Up from $13,850 in 2023)
• Married Filing Jointly: $29,200 (Up from $27,700 in 2023)
• Head of Household: $21,900 (Up from $20,800 in 2023)

2024 Federal Income Tax Brackets

The U.S. uses a progressive tax system. This means you don't pay one flat rate on all your income. Instead, different portions of your income are taxed at increasingly higher rates. For a single filer in 2024:

Tax Rate	Taxable Income (Single)	Taxable Income (Married Jointly)
10%	$0 to $11,600	$0 to $23,200
12%	$11,601 to $47,150	$23,201 to $94,300
22%	$47,151 to $100,525	$94,301 to $201,050
24%	$100,526 to $191,950	$201,051 to $383,900

Example Calculation

If you are a Single Filer earning $80,000 gross income in 2024 and take no additional deductions other than the standard deduction:

1. Gross Income: $80,000
2. Standard Deduction: -$14,600
3. Taxable Income: $65,400
4. Tax Logic:
   • The first $11,600 is taxed at 10% ($1,160).
   • Income between $11,601 and $47,150 ($35,550) is taxed at 12% ($4,266).
   • Income between $47,151 and $65,400 ($18,250) is taxed at 22% ($4,015).
5. Total Estimated Tax: $9,441
6. Effective Rate: ~11.8% of your total gross income.

Frequently Asked Questions

Is this the same as my refund?
No. This calculator estimates your total tax liability. Your refund depends on how much tax was already withheld from your paychecks throughout the year. If your withholding is higher than the calculated tax, you get a refund.

What are "Adjustments"?
Adjustments to income, often called "Above-the-line deductions," include things like Student Loan Interest, HSA contributions, or IRA contributions. These reduce your taxable income regardless of whether you take the standard deduction.

Does this include state taxes?
This calculator focuses specifically on Federal Income Tax. Depending on where you live, you may also owe state income tax, which follows different rules and brackets.