Income tax calculator: Estimate your taxes

Curious about how much you might pay in federal and state taxes this year? Most people can use some form of IRS Form 1040 to determine how much income tax they will pay and whether they will owe Uncle Sam money or be entitled to a refund. Each state also has different tax forms and rules that determine how much you must pay.

Use our 1040 income tax calculator to estimate how much tax you could pay on your taxable income.




Federal taxes

Marginal tax rate
22%

Effective tax rate
11.98%

Federal income tax
$8,387

State taxes

Marginal tax rate
6.33%

New York State Tax
$3,925

Gross revenue
$70,000

Total income tax
-$12,312

After-tax income
$57,688

Warning: Calculations are estimates based on December 2021 tax rates and Tax Foundation data. These rates are subject to change. Check the IRS website for the latest income tax information and your state’s tax website for state-specific information. Our calculator does not take into account 401k and IRA deductions due to tax law limitations. Please note that the amount of your IRA deductions may vary. You should speak with a tax professional to determine your tax situation.

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Compare your after-tax income to other states

Click on the income amounts below to see how much tax you can pay based on the filing status and state entered above.

  • $70,500

  • $71,000

  • $71,500

  • $72,000

  • $72,500

  • $73,000

  • $73,500

  • $74,000

  • $74,500

  • $75,000

  • $75,500

  • $76,000

  • $76,500

  • $77,000

  • $77,500

  • $78,000

  • $78,500

  • $79,000

  • $79,500

  • $80,000

View the amount of tax you may pay in other states based on the filing status and state entered above.

State Net salary Effective state tax rate Rank
Texas $61,613 0.00% 1
Alaska $61,613 0.00% 1
Wyoming $61,613 0.00% 1
Nevada $61,613 0.00% 1
South Dakota $61,613 0.00% 1

Esther L. Steinbach