Income Tax Calculator 2024-2025
Calculate federal income tax for 2024-2025. Includes standard/itemized deductions and multiple filing statuses.
Tax Calculation Summary
Total Tax Owed
$0
Effective Tax Rate
0%
Marginal Tax Rate
0%
Take-home Pay
$0
Filing Information
Single
Married (Joint)
Married (Separate)
Head of Household
Monthly: $6,250 • Weekly: $1,442
Additional Income & Adjustments
Max: $7,000 (2024), $7,000 (2025) for under 50
Max: $4,150 (2024), $4,300 (2025) for individual
Max deduction: $2,500
Deductions & Credits
Standard Deduction
$14,600 for Single filers (2025)
Use Itemized
Itemized Deductions
Max: $10,000
Over 7.5% of AGI
Tax Credits
Income Allocation
Federal Tax Brackets 2025
Comparison With Other Statuses
Paycheck Withholding Calculator
Tax Filing Timeline 2025
1
Jan 1 - Apr 15
Q1 Estimated Tax
2
Apr 15
2024 Taxes Due
3
Jun 15
Q2 Estimated Tax
4
Sep 15
Q3 Estimated Tax
5
Jan 15, 2026
Q4 Estimated Tax
Tax Resources & Information
📋
Form 1040
Individual Tax Return
💼
W-4
Withholding Certificate
🏛️
IRS.gov
Official Website
📅
Apr 15
Filing Deadline
About This Tax Calculator
This comprehensive tax calculator helps you estimate your federal income tax for the 2024-2025 tax years. It includes all major deductions, credits, and considers different filing statuses.
Key Features:
- 2024-2025 Tax Brackets: Updated with latest IRS rates and brackets
- Multiple Filing Statuses: Single, Married Joint/Separate, Head of Household
- Standard & Itemized Deductions: Compare both options
- Major Tax Credits: Child Tax Credit, EITC, Education credits
- State Tax Estimation: Includes major state tax calculations
- Retirement Contributions: Accounts for 401k, IRA, HSA contributions
Important Tax Terms:
- AGI (Adjusted Gross Income): Gross income minus specific adjustments
- Taxable Income: AGI minus deductions (standard or itemized)
- Marginal Tax Rate: Tax rate on your last dollar of income
- Effective Tax Rate: Total tax divided by total income
- Standard Deduction: Fixed amount based on filing status
- Itemized Deductions: Specific expenses you can deduct
2025 Standard Deductions:
- Single: $14,600
- Married Filing Jointly: $29,200
- Head of Household: $21,900
Disclaimer: This calculator provides estimates only. For exact calculations and filing, consult a tax professional or use official IRS forms.