United States Salary Tax Calculator for 2024/25
Calculate your take-home pay after federal and state taxes, Medicare, and Social Security deductions.
How is the Tax Calculation Done?
The calculator takes your gross income, along with the other information you provided, and uses it to calculate the final amount that you take home. Here's how the calculation works:
Federal Income Tax
Federal income tax is calculated using a progressive tax system with different tax brackets. For example, if you are filing as 'single':
- 10% on income up to $11,600
- 12% on income from $11,601 to $47,150
- 22% on income from $47,151 to $100,525
- 24% on income from $100,526 to $191,950
- 32% on income from $191,951 to $243,725
- 35% on income from $243,726 to $609,350
- 37% on income over $609,350
State Income Tax
State income tax rates vary by state. Some states have a flat tax rate, while others use a progressive system similar to federal taxes. Some states, like Texas and Florida, have no state income tax.
Social Security and Medicare
These are federal payroll taxes:
- Social Security: 6.2% of your gross income (up to the wage base limit of $168,600 for 2024)
- Medicare: 1.45% of your gross income (no wage base limit)
- Additional Medicare Tax: 0.9% on income over $200,000 for single filers or $250,000 for married filing jointly
Standard Deduction
The standard deduction reduces your taxable income:
- Single: $14,600
- Married Filing Jointly: $29,200
- Head of Household: $21,900
- Married Filing Separately: $14,600
Dependents
Each dependent can reduce your taxable income through the Child Tax Credit or Other Dependent Credit.