Paychecks & taxes
Effective Tax Rate Calculator
Bracket and rate are not the same thing
People say "I'm in the 24% bracket" as if a quarter of everything they make goes to tax, but that is not how it works. Only the income above each threshold is taxed at the higher rate. The dollars below it are taxed less, so your overall, or effective, rate is always lower than your bracket. This tool goes a step further than most and adds FICA payroll tax and state tax to income tax, so the effective rate here is your real total burden on wages, not just the federal income part.
Includes federal income tax, FICA and state income tax. Excludes credits and deductions beyond the standard one. Not tax advice.
Common questions
What is my effective tax rate?
Your total tax divided by your whole income. It is lower than your bracket because the early dollars are taxed less. Here it also includes payroll and state tax.