Tax & Income Calculators
Income Tax Calculator
Estimate income tax across progressive bands, showing the marginal rate, effective rate and tax due in each band.
Estimated tax due
$10,541
- Income after tax
- $74,459
- Marginal rate
- 22%
- Effective rate
- 12.4%
Tax by band
| Rate | Band | Income in band | Tax |
|---|---|---|---|
| 10% | $0 – $11,600 | $11,600 | $1,160 |
| 12% | $11,600 – $47,150 | $35,550 | $4,266 |
| 22% | $47,150 – $100,525 | $23,250 | $5,115 |
How this calculator works
Tax = Σ (income in each band × that band's rate) − credits
- marginal rate
- the rate applied to your next dollar of income
- effective rate
- total tax divided by gross income
Example calculation
Illustrative example — not advice
Worked example — the income tax calculator as it loads, using the default figures below.
- 01Enter gross annual income: $85,000.
- 02Enter deductions: $14,600.
- 03Enter tax credits: $0.
- 04Read the estimated tax due from the results panel: $10,541.
Estimated tax due: $10,541. Income after tax: $74,459. Marginal rate: 22%. Effective rate: 12.4%.
These figures come straight from the calculator above running on the values listed, so you can retype them and confirm every number yourself. Change any input and the results update immediately. Illustrative only — not a quote, offer or recommendation.
Important considerations
- Simplified single-filer bands are used; filing status, state tax and credits change the outcome.
- Investment income may be taxed at different rates.
Related calculators
- Take-Home Pay CalculatorNet pay after tax and deductions.
- Capital Gains Tax CalculatorTax on a gain at long or short-term rates.
- Self-Employment Tax CalculatorSelf-employment tax on business profit.
- Paycheck CalculatorNet pay per pay period after all deductions.
- Salary CalculatorSalary converted across every pay period.
- Hourly to Salary CalculatorAnnual salary implied by an hourly rate.
Terms used here
Frequently asked questions
Does a raise ever leave me worse off?
No — only the income above the threshold is taxed at the higher rate, so more gross income always means more net income.
Disclaimer
Legamoney calculators are educational tools. Results are estimates based on the figures you enter and do not constitute financial, tax or legal advice.
Last reviewed 2026-08-01