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Income Tax Calculator
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Version
1.5
This tax calculator instantly estimates your US
federal income tax and finds your tax brackets. Tax
brackets show percentage of tax that you pay on
additional income. The higher is your taxable income,
the higher is your federal tax rate. Suppose that you
earn an additional amount of $1000 and you are in 28%
bracket. That means your would have to pay additional
$280 in federal taxes. Income Tax Calculator shows
current and past tax brackets and estimates federal
tax for years 2000-2011. It includes an option of
different filing status and shows an average tax rate,
the percentage of tax that you would pay relatively to
the total taxable income.
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