Tax return calculator

Using Our Federal Tax Brackets Calculator

You can use our Federal Tax Brackets Calculator to determine how much tax you will pay for the current tax year, or to determine how much tax you have paid in previous tax years.

To do so, all you need to do is:

• Select a tax year
• Select a filing status (either single or joint)
• Enter your income amount
• Click "Calculate"

In order for the country to continue functioning on a stable financial level, Congress passed a bill which ensures that the tax rates which were cut during the presidency of George Bush are sustained for the foreseeable future.

The terms which this bill ensures are:

• The tax rate for couples (joint filing) earning under $450K will be preserved
• The tax rate for individuals (single filing) earning under $400K will be preserved

However, with that in mind there is a new tax rate which has been enlisted for those earning more than these amounts.

• For couples who are earning over $470.7K, their tax rate will be 39.6%
• For individuals who are earning over $418.4K, the
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