Skip to main content
WalletWaypoint
30-yr fixed6.53%▴ +0.02
15-yr fixed5.87%▴ +0.02
Fed funds3.50–3.75%— 0.00
10-yr Treasury4.45%▾ -0.03
Avg CC APR21.00%▴ +0.03
CPI (YoY)4.1%▴ +0.6
S&P 500 YTD+10.7%▴ +0.2

For educational purposes only — not financial advice. Learn about our editorial process

C.13 · Taxes

Your 2026 federal tax estimate — by filing status.

Same income, different filing status, different total bill. We show all three so you can see where each tax rate kicks in.

Tax year
2026
Federal only
Inputs
Annual income (before taxes)Your total pay before any federal tax or 401(k) is taken out.
$75,000
Your deductionDefaults to the 2026 standard deduction. Only raise this if your itemized deductions (mortgage interest, state/local taxes, donations) add up to more.
$15,700
After federal tax · Single
$67,040/year
Taxable income
$59,300
Total federal tax
$7,960
Effective rate
10.61%
Marginal rate
22.00%
Income breakdown
Taxed income vs. tax-free deduction
Filing status matters

Same inputs, three outcomes.

We keep your income and deductions the same and only change the filing status, so you can compare the three side by side. Your current selection is highlighted.

Single
Taxable income
$59,300
Total federal tax
$7,960
Effective rate (overall %)
10.61%
Marginal rate (top bracket)
22.00%
Income after federal tax
$67,040
Married Filing Jointly
Taxable income
$59,300
Total federal tax
$6,639
Effective rate (overall %)
8.85%
Marginal rate (top bracket)
12.00%
Income after federal tax
$68,361
Head of Household
Taxable income
$59,300
Total federal tax
$6,776
Effective rate (overall %)
9.03%
Marginal rate (top bracket)
12.00%
Income after federal tax
$68,224
How we compute this

Progressive brackets — each rate hits only part of your income.

2026 federal brackets are progressive: 10% → 12% → 22% → 24% → 32% → 35% → 37%. Each bracket applies only to income within that band. This estimate does not include tax credits (like the Child Tax Credit), which would lower your actual bill further.

taxableIncome = grossIncome − max(standardDeduction, itemizedDeduction) federalTax = Σ (bracket_i_income × bracket_i_rate)

Marginal rate = rate on your next dollar. Effective rate = total tax / gross income, always lower than marginal. Filing status changes the bracket cutoffs — married-jointly doubles single brackets through the first few tiers.

Next up

Continue the decision

All 15 calculators →
Related
paycheck
Open calculator →
Related
budget
Open calculator →
Related
retirement
Open calculator →

Frequently Asked Questions

Tax brackets are progressive -- you don't pay one flat rate on all your income. Each bracket only applies to income within that range. If you earn $100,000 as a single filer, you pay 10% on the first ~$11,600, 12% on the next chunk, 22% on the next, and 24% on the amount above ~$95,000.