capital gains tax calculator

SimpleTaxCalculator — Capital Gains Tax Calculator ∑SimpleTaxCalculator.com ☰ Menu HomeTax CalculatorUSA CalculatorsUK CalculatorsTax Guides Capital Gains Tax Calculator Estimate your U.S. federal capital gains tax on investments and asset sales. Enter your sale details Tax year 20262025 Filing status SingleMarried filing jointlyMarried filing separatelyHead of household Investment holding period Long-term — held more than one yearShort-term — held one year or less Special rules apply to certain assets and holding periods. Sale price ($) Original purchase cost ($) Selling costs and eligible adjustments ($) For example, eligible brokerage commissions or selling expenses. Other taxable income ($) Enter taxable income excluding this capital gain, after deductions. This helps estimate your applicable tax rate. Capital losses available to offset gain ($) Calculate tax Reset Your estimated result Estimated federal capital gains tax $3,000 Capital gain before losses$19,500 Taxable gain after losses$19,500 Estimated tax rate on gain15.0% Estimated proceeds after tax$46,500 Estimated gain after tax$16,500 Estimate includes federal tax on the gain only, not your total tax bill. Important: This is an educational estimate of federal tax on a typical capital gain. It does not include state or local taxes, the Net Investment Income Tax, special rates for collectibles or real estate depreciation, qualified small business stock exclusions, wash-sale adjustments, or all capital-loss carryover rules. The calculation assumes the other taxable income you enter is already calculated correctly and that the gain qualifies for the selected holding-period treatment. Actual liability can differ. See the IRS capital gains guidance. ∑SimpleTaxCalculator.com Simple tax and financial calculators to help you understand your money with greater confidence. Calculators USA Tax ToolsUK Tax ToolsAll Calculators Information About UsContactPrivacy PolicyDisclaimer © SimpleTaxCalculator.com. All rights reserved. Calculations are estimates for general information, not tax, legal or financial advice.

tax refund calculator

SimpleTaxCalculator — Tax Refund Calculator ∑SimpleTaxCalculator.com ☰ Menu HomeTax CalculatorUSA CalculatorsUK CalculatorsTax Guides Tax Refund Calculator Estimate your U.S. federal tax refund or the amount you may owe. Your tax information Tax year 20252026 2025 returns are generally filed in 2026. 2026 returns are generally filed in 2027. Filing status SingleMarried filing jointlyMarried filing separatelyHead of household Total annual income ($) Enter total income before deductions, such as wages and other taxable income. Deduction amount ($) The default is the standard deduction for your selected filing status and year. Enter a different amount if appropriate. Federal income tax withheld ($) Usually found in Box 2 of your W-2. Estimated tax payments ($) Tax credits ($) Enter your estimated total eligible credits. This simple calculator does not determine eligibility or refundable portions. Calculate refund Reset Your estimated result Estimated tax refund$1,172 Annual income$65,000 Taxable income$48,900 Estimated federal income tax$6,828 Tax credits entered$0 Federal tax already paid$8,000 Effective tax rate10.5% Your estimated payments exceed your estimated tax liability. Disclaimer: This calculator provides a simplified federal income tax estimate, not a guaranteed refund. It excludes state taxes, self-employment tax, alternative minimum tax, special deductions, and detailed credit rules. Some tax credits are refundable, while others are not; this calculator treats the entered credit amount as nonrefundable. Actual results depend on your full tax return and eligibility. Consult IRS instructions or a qualified tax professional. ∑SimpleTaxCalculator.com Simple tax and financial calculators to help you understand your money with greater confidence. Calculators USA Tax ToolsUK Tax ToolsAll Calculators Information About UsContactPrivacy PolicyDisclaimer © SimpleTaxCalculator.com. All rights reserved. Calculations are estimates for general information, not tax, legal or financial advice.

self employment tax calculator

SimpleTaxCalculator — Self-Employment Tax Calculator ∑SimpleTaxCalculator.com ☰ Menu HomeTax CalculatorUSA CalculatorsUK CalculatorsTax Guides Self-Employment Tax Calculator Estimate your 2026 Social Security and Medicare taxes as a freelancer, contractor, or small business owner. Your business income Tax year20262025Choose the year for your estimate. Gross business income ($) Business expenses ($)Enter ordinary and necessary deductible business expenses. W-2 Social Security wages ($)Include wages already subject to Social Security tax. Leave at zero if you have none. Filing statusSingleMarried filing jointlyMarried filing separatelyHead of household Other Medicare wages ($)Other Medicare wages can affect Additional Medicare Tax. This is separate from the Social Security wages entered above. Calculate taxReset Your estimated tax Estimated self-employment tax$11,304 Net business profit$80,000 Earnings subject to SE tax$73,880 Social Security tax$9,161 Medicare tax$2,143 Additional Medicare Tax$0 Deduction for half of SE tax$5,652 Estimated amount after SE tax$68,696 Suggested monthly reserve$942 Estimated tax as a share of business profit 14.1% of net profit Important: This is an estimate, not a tax return. It estimates self-employment tax, not your total federal or state income tax. The Social Security wage limit is shared with applicable W-2 wages. The Additional Medicare Tax calculation is simplified and may differ from your final Form 8959. Special rules may apply to multiple businesses, spouses, clergy, partnerships, and other situations. Consult IRS Schedule SE and a qualified tax professional for filing. ∑SimpleTaxCalculator.com Simple tax and financial calculators to help you understand your money with greater confidence. Calculators USA Tax ToolsUK Tax ToolsAll Calculators Information About UsContactPrivacy PolicyDisclaimer © SimpleTaxCalculator.com. All rights reserved. Calculations are estimates for general information, not tax, legal or financial advice.

paycheck calculator

SimpleTaxCalculator — Paycheck Calculator ∑SimpleTaxCalculator.com ☰ Menu HomeTax CalculatorUSA CalculatorsUK CalculatorsTax Guides 💵 Paycheck Calculator Calculate your estimated take-home pay after federal taxes and payroll deductions. 🇺🇸 United States · Tax Year 2026 Your paycheck details Enter your earnings and select how often you get paid. Gross pay amount ($) Enter the amount for the pay period selected below. Pay frequency Weekly (52/year)Biweekly (26/year)Semimonthly (24/year)Monthly (12/year)Annual (1/year) Filing status SingleMarried Filing JointlyMarried Filing SeparatelyHead of Household State income tax (%) Enter your estimated state tax rate. Use 0 if not applicable. Pre-tax deductions per paycheck ($) For example, eligible 401(k) or health insurance deductions. Extra federal withholding per paycheck ($) Optional additional federal withholding requested on Form W-4. Apply Additional Medicare Tax when annual wages exceed $200,000 (single employer withholding threshold). Calculate My Paycheck → Reset Your estimated take-home pay Your estimated net pay after the deductions shown below. Net pay per paycheck $0.00 Monthly estimate Gross per paycheck$0 Annual take-home pay$0 Federal income tax$0 Social Security$0 Medicare$0 State income tax$0 Paycheck deduction breakdown Annual gross pay$0 Annual pre-tax deductions$0 Annual federal income tax$0 Annual Social Security$0 Annual Medicare (incl. additional if selected)$0 Annual estimated state tax$0 Annual extra federal withholding$0 Effective deductions as % of gross0% Take-home Federal FICA State Other Important: This is an estimate, not an exact payroll withholding calculation. Federal income tax is approximated using annualized taxable wages, 2026 tax brackets and standard deductions. Actual payroll withholding depends on Form W-4, employer payroll methods, benefits, state rules and other circumstances. State tax is a user-entered estimate. Social Security and Medicare use 2026 employee rates and the Social Security wage limit. This calculator does not handle every pre-tax benefit or state-specific payroll rule. ∑SimpleTaxCalculator.com Simple tax and financial calculators to help you understand your money with greater confidence. Calculators USA Tax ToolsUK Tax ToolsAll Calculators Information About UsContactPrivacy PolicyDisclaimer © SimpleTaxCalculator.com. All rights reserved. Calculations are estimates for general information, not tax, legal or financial advice.

federal income tax calculator

Federal Income Tax Calculator | SimpleTaxCalculator.com ∑SimpleTaxCalculator.com ☰ Menu HomeTax CalculatorUSA CalculatorsUK CalculatorsTax Guides 🇺🇸 Federal Income Tax Calculator Estimate your annual tax and after-tax income. Annual gross income (USD) Income periodAnnualMonthlyWeeklyHourly (40 hours/week) US filing statusSingleMarried Filing JointlyMarried Filing SeparatelyHead of Household Tax year2026 (US calendar tax year)2025 (US calendar tax year) Additional deductions (USD, annual) Calculate My Tax →Reset Your estimated tax results Estimated annual federal income tax$0Annual income after federal tax$0Effective tax rate0% Gross annual income$0Standard deduction$0Additional deductions$0Taxable income$0Marginal tax rate0%Estimated monthly federal tax$0 Tax rate Income taxed in bracket Tax Disclaimer: This calculator estimates regular U.S. federal income tax only. It excludes payroll taxes, state taxes, tax credits, and other adjustments. It is an educational estimate, not tax advice. 2026 TAX GUIDE How to Calculate Federal Income Tax in the USA Learn how federal income tax is calculated in 2026, understand tax brackets and deductions, and estimate how much of your income you may keep after federal tax. What Is Federal Income Tax? Federal income tax is a tax imposed by the U.S. federal government on taxable income. The amount you owe depends on your income, filing status, eligible deductions, applicable tax rates, and tax credits. The United States uses a progressive tax system. Different portions of taxable income are taxed at different rates, so your highest tax bracket does not apply to all your income. 5 Steps to Calculate Federal Income Tax 1 Determine Annual Income For a simple salary example, multiply monthly income by 12 to estimate annual income. $5,000 × 12 = $60,000 annual income 2 Subtract Eligible Deductions Subtract the applicable standard deduction or eligible itemized deductions and account for any allowable adjustments. Taxable income = Income − applicable deductions 3 Apply Federal Tax Brackets Use the tax brackets for your filing status and tax year. Calculate tax separately for each portion of taxable income. Total tax = Tax from each applicable bracket added together 4 Account for Tax Credits Eligible tax credits may reduce your tax liability. This calculator’s estimate does not include tax credits. 5 Estimate After-Tax Income Subtract estimated federal income tax from gross annual income to find income remaining after federal income tax only. After-tax income = Gross income − estimated federal tax 2026 Federal Income Tax Brackets for Single Filers These rates apply to portions of taxable income for the 2026 tax year. Different filing statuses have different thresholds. Taxable income Tax rate $0 to $12,400 10% Over $12,400 to $50,400 12% Over $50,400 to $105,700 22% Over $105,700 to $201,775 24% Over $201,775 to $256,225 32% Over $256,225 to $640,600 35% Over $640,600 37% Bracket thresholds are shown in whole dollars for readability. Refer to current IRS guidance for official tax schedules and special circumstances. 2026 Standard Deduction Amounts Filing status Standard deduction Single $16,100 Married Filing Jointly $32,200 Married Filing Separately $16,100 Head of Household $24,150 Additional rules may affect the deduction available to you, including age, blindness, dependent status, and other individual circumstances. Example: Calculate Federal Tax on $60,000 in 2026 Suppose a single taxpayer earns $60,000, takes the $16,100 standard deduction, and has no additional deductions or tax credits. Annual gross income $60,000.00 Standard deduction −$16,100.00 Taxable income $43,900.00 10% of first $12,400 $1,240.00 12% of remaining $31,500 $3,780.00 Estimated federal income tax $5,020.00 Effective federal tax rate: 8.37% Income after federal income tax: $54,980.00 per year Calculation: $1,240 + $3,780 = $5,020. Effective rate: $5,020 ÷ $60,000 × 100. This simplified example excludes payroll taxes, state and local taxes, tax credits, and other adjustments. Marginal Tax Rate vs. Effective Tax Rate Your marginal tax rate is the rate that applies to the next dollar of ordinary taxable income within your current bracket. Your effective tax rate is your total federal income tax divided by gross annual income in this calculator’s simplified presentation. In the $60,000 example, the marginal rate is 12%, while the effective rate is approximately 8.37%. This difference occurs because lower rates apply to the earlier portions of taxable income. Frequently Asked Questions 1. What are the federal income tax rates for 2026? The seven regular federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Thresholds depend on filing status. 2. Is my entire income taxed at my highest bracket? No. The U.S. uses progressive tax brackets, so each portion of taxable income is taxed at its applicable rate. 3. Does federal income tax include Social Security and Medicare? No. Social Security and Medicare are separate payroll taxes. State and local income taxes are also outside this calculator’s scope. 4. Can I calculate tax for 2025 and 2026? Yes. Select the relevant tax year in the calculator and use the brackets and deductions applicable to that year. 5. Is the calculated amount my final tax bill? No. This is an estimate of regular federal income tax. Your final liability may depend on credits, other income, adjustments, and individual circumstances. Official IRS Resources For authoritative tax information, consult these IRS resources: IRS Publication 505 — Tax Withholding and Estimated Tax IRS — Standard Deduction IRS Forms, Instructions and Publications Disclaimer: This guide provides general educational information, not tax, legal, or financial advice. Actual tax liability may differ based on current law and individual circumstances. ∑SimpleTaxCalculator.com Simple tax and financial calculators to help you understand your money with greater confidence. Calculators USA Tax ToolsUK Tax ToolsAll Calculators Information About UsContactPrivacy PolicyDisclaimer © SimpleTaxCalculator.com. All rights reserved. Calculations are estimates for general information, not tax, legal or financial advice.