Total 2026 pay before 401(k) and other payroll deductions, including bonuses, tips and overtime.

Full-year total from your pay stubs or W-2 box 2, plus any estimated tax payments. Used to estimate your refund.

Other income

Net profit from Schedule C (enter 0 for a loss).

Short-term capital gains, unemployment benefits, taxable IRA or pension distributions and other ordinary income.

Deductions & credits

Deductible IRA contributions, student loan interest, HSA contributions made outside payroll.

Mortgage interest, charity and state & local taxes (capped at $40,400 for 2026, less above $505,000 of income). We use the larger of this or your standard deduction.

Tips in a job that customarily receives them.

Only the “half” of time-and-a-half required by the FLSA.

Estimated 2026 federal income tax

$7,670

10.2% effective rate on $75,000 of income (federal only — choose a state to add state tax)

Federal income tax

$7,670

State income tax

—

FICA (Social Security & Medicare)

$5,738

Federal marginal rate

22%

Enter the federal income tax withheld from your pay (and any estimated payments) to see your estimated refund or balance due.

Where your income goes

Income after taxes: 82.1%Federal income tax: 10.2%Social Security & Medicare: 7.6%$61,593after taxes
Gross income
$75,000
Federal income tax
$7,670 (10.2%)
Social Security & Medicare
$5,738 (7.6%)
Total taxes
$13,408 (17.9%)
Income after taxes
$61,593 (82.1%)

How your federal tax is calculated

StepAmount
Gross income$75,000
Adjusted gross income (AGI)$75,000
Standard deduction−$16,100
Taxable income$58,900
Tax from the brackets$7,670
Federal income tax$7,670

2026 federal brackets (single)

RateBracketYour income taxedTax
10%$0 – $12,400$12,400$1,240
12%$12,400 – $50,400$38,000$4,560
22%$50,400 – $105,700$8,500$1,870
Total$58,900$7,670

Your top federal bracket is 22%, but your federal income tax is 10.2% of your gross income because each rate applies only to the income inside its bracket.

Estimate only. Not modeled: the alternative minimum tax, the qualified business income (QBI) deduction, education and other credits, local income taxes, and some state-specific credits, subtractions and phase-outs.

Income Tax Calculator by SureCalcs