Free tools
Federal income tax estimator
Rough estimate only โ not a tax return or a guaranteed refund. Calculated on your device; nothing is stored or sent.
Estimated balance due
$5,072
- Adjusted gross income
- $60,000
- Deduction used (standard)
- $15,750
- Taxable income
- $44,250
- Tax before credits
- $5,071.50
- Child tax credit applied
- โ $0.00
- Tax after credits
- $5,071.50
- Paid
- $0.00
- Marginal bracket
- 12.0%
- Effective rate
- 8.5%
Bracket breakdown
- 10.0% ร $11,925 = $1,192.50
- 12.0% ร $32,325 = $3,879.00
Assumptions
- Brackets and standard deductions from IRS Rev. Proc. 2024-40 (2025) and Rev. Proc. 2025-32 (2026), as amended by Public Law 119-21.
- Regular federal income tax only: excludes Social Security/Medicare, self-employment tax, special capital-gains rates, AMT and state taxes.
- Child tax credit: $2,200 per child, reduced $50 per $1,000 above $200,000 ($400,000 joint), applied only up to your tax. The refundable portion (up to $1,700), EITC and other credits are not modeled.
- Never enter an SSN or upload documents. For an exact figure, use tax software or a tax preparer.