Federal Income Tax Calculator 2026
Estimate your federal income tax using IRS-published tax brackets. Compare 2025 and 2026 tax years, see your marginal and effective rates, and understand how progressive brackets work.
Last updated: · IRS Rev. Proc. 2025-32 (2026) and Rev. Proc. 2024-40 (2025)
On $60,000 income filing as Single in 2026, your estimated federal income tax is $5,020.00 (effective rate: 8.4%, marginal: 12%). After the $16,100.00 standard deduction, taxable income is $43,900.00. With North Carolina state tax and FICA, total tax is $11,618.13 and take-home is $48,381.87. State and city estimates currently use 2025 rate data. Source: IRS Rev. Proc. 2025-32.
Select your state to see your complete tax picture: federal, state, and FICA combined.
State and city tax estimates are currently based on 2025 rate data.
Standard Deduction: $16,100.00
Results
Complete Tax Summary — North Carolina
| Gross Income | $60,000 |
|---|---|
| Federal Income Tax | −$5,020.00 |
| North Carolina State Tax | −$2,008.13 |
| Social Security (6.2%) | −$3,720 |
| Medicare (1.45%) | −$870.00 |
| Total Tax | −$11,618.13 |
| Annual Take-Home Pay | $48,382 |
| Combined Effective Rate | 19.4% |
Federal Bracket Breakdown
$43,900.00 taxable income across brackets
| Rate | Range | Amount | Tax |
|---|---|---|---|
| 10% | $0 – $12,400 | $12,400 | $1,240.00 |
| 12% | $12,400 – $50,400 | $31,500 | $3,780.00 |
| Total Federal Tax | $5,020.00 | ||
North Carolina State Tax Breakdown
| Rate | Range | Tax |
|---|---|---|
| 4.25% | $0 – ∞ | $2,008.13 |
| Total North Carolina Tax | $2,008.13 | |
2026 Brackets — Single
Source: IRS Rev. Proc. 2025-32
| Rate | Taxable Income |
|---|---|
| 10% | $0 – $12,400 |
| 12% | $12,400 – $50,400 |
| 22% | $50,400 – $105,700 |
| 24% | $105,700 – $201,775 |
| 32% | $201,775 – $256,225 |
| 35% | $256,225 – $640,600 |
| 37% | $640,600 – No limit |
Calculate by State
Select your state to see combined federal + state income tax. States marked with * have no state income tax.
How This Is Calculated
This calculator applies the U.S. federal progressive income tax system per IRC §1. Each tax bracket's rate applies only to income within that bracket, not to your entire income.
Step-by-step calculation
- Start with gross income — your total annual earnings from all sources.
- Subtract above-the-line deductions (HSA contributions, IRA deductions, student loan interest, etc.) to get your Adjusted Gross Income (AGI).
- Subtract the standard deduction (or itemized deductions if higher) to get your taxable income.
- Apply progressive brackets — the first dollars are taxed at 10%, the next portion at 12%, and so on up to 37%.
Data source
2026 brackets from IRS Revenue Procedure 2025-32. 2025 brackets from IRS Rev. Proc. 2024-40, as amended by the One Big Beautiful Bill Act (OBBBA, July 2025). Cross-referenced with the Tax Foundation's 2026 bracket analysis.
What this does NOT include
- State income tax (varies by state)
- Social Security tax (6.2% up to $176,100 wage base)
- Medicare tax (1.45%, plus 0.9% additional on high earners)
- Tax credits (Child Tax Credit, EITC, education credits, etc.)
- Capital gains (taxed at different rates)
- Self-employment tax
Frequently Asked Questions
- How much federal income tax do I owe on $75,000?
- A single filer earning $75,000 in 2026 would owe approximately $7,670.00 in federal income tax, for an effective tax rate of 10.2%. This is after the standard deduction of $16,100.00, resulting in $58,900.00 of taxable income. The marginal tax rate is 22%. Note: this does not include state income tax, Social Security, or Medicare taxes.
- What are the 2026 federal tax brackets?
- For 2026, the seven federal income tax rates are: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. For single filers, the 10% bracket covers income up to $12,400, the 12% bracket covers $12,401 to $50,400, and the brackets increase from there. The top 37% rate applies to taxable income above $640,600 (single) or $768,700 (married filing jointly). These brackets are from IRS Revenue Procedure 2025-32.
- What is the standard deduction for 2026?
- The 2026 standard deduction is $16,100 for single filers, $32,200 for married couples filing jointly, $16,100 for married filing separately, and $24,150 for head of household. These amounts were increased by the One Big Beautiful Bill Act (OBBBA) passed in July 2025. Taxpayers age 65 or older receive an additional $2,050 (single) or $1,650 per spouse (married).
- What is the difference between marginal and effective tax rate?
- Your marginal tax rate is the rate on your last dollar of income — it's the bracket you fall into. Your effective tax rate is your total tax divided by your total income. Because the US uses progressive brackets, your effective rate is always lower than your marginal rate. For example, even if your marginal rate is 22%, your effective rate on $75,000 might only be around 11-12% because the first portions of your income are taxed at 10% and 12%.
- Does this calculator include state income tax?
- No, this calculator computes federal income tax only. State income taxes are separate and vary by state. Nine states (Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming) have no state income tax. We are building state-specific tax calculators — check back soon.