Tax Calculator
Free income tax calculator for US and India. Calculate federal, state, and incom...Free income tax calculator for US and India. Calculate federal, state, and income tax based on 2024 tax brackets. See your effective tax rate, Section...
Updated
Standard deduction: $14,600 (Single)
Taxable Income
$60,400
Total Tax
$11,361
After-Tax Income
$63,639
Effective Rate
15.1%
Tax Breakdown
Federal Tax Bracket Breakdown(Marginal rate: 22.0%)
Annual Take-Home
$63,639
Monthly
$5,303
Biweekly
$2,448
2024 Federal Tax Brackets
| Rate | Single | Married Jointly | Married Separately | Head of Household |
|---|---|---|---|---|
| 10% | $0 - $11,600 | $0 - $23,200 | $0 - $11,600 | $0 - $16,550 |
| 12% | $11,601 - $47,150 | $23,201 - $94,300 | $11,601 - $47,150 | $16,551 - $63,100 |
| 22% | $47,151 - $100,525 | $94,301 - $201,050 | $47,151 - $100,525 | $63,101 - $100,500 |
| 24% | $100,526 - $191,950 | $201,051 - $383,900 | $100,526 - $191,950 | $100,501 - $191,950 |
| 32% | $191,951 - $243,725 | $383,901 - $487,450 | $191,951 - $243,725 | $191,951 - $243,700 |
| 35% | $243,726 - $609,350 | $487,451 - $731,200 | $243,726 - $365,600 | $243,701 - $609,350 |
| 37% | $609,351+ | $731,201+ | $365,601+ | $609,351+ |
Calculator Features
Why Use Tax Calculator?
US & India Support
Calculate taxes for both United States (Federal + State) and India (New Tax Regime FY 2024-25).
Visual Bracket Breakdown
See exactly how your income is taxed across different brackets with visual charts.
All Filing Statuses
US: Single, Married Filing Jointly, Married Separately, Head of Household.
Section 87A Rebate
India: Automatic calculation of Section 87A rebate for income up to ₹7 lakh (zero tax).
Cess & Surcharge
India: Includes 4% Health & Education Cess on total tax payable.
100% Private
All calculations happen in your browser. Your financial data stays on your device.
Common Uses
Salary Negotiation
Understand your take-home pay when evaluating job offers in the US or India.
Financial Planning
Plan your budget knowing your after-tax income with accurate tax estimates.
Tax Preparation
Estimate your tax liability before filing ITR (India) or IRS returns (US).
Income Comparison
Compare tax impact across different income levels and filing statuses.
Relocation Planning
Compare tax burden between US and India when planning international moves.
Tax Optimization
Understand how deductions and filing status affect your tax liability.
How It Works
Select Your Country
Choose between United States or India. The calculator automatically adjusts tax brackets, currency, and terminology.
Enter Your Income
Input your annual gross income. Use quick presets ($50K-$200K for US, ₹5L-₹25L for India) or enter a custom amount.
Choose Filing Status (US)
For US: Select Single, Married Filing Jointly, Married Separately, or Head of Household.
Configure Deductions
Use standard deduction (US: $14,600-$29,200, India: ₹75,000) or enter custom/itemized deductions.
Set State Tax (US only)
Adjust state income tax rate from 0% (TX, FL, WA) to 13% (CA top rate).
Tax Tips
US: Maximize Deductions
If your itemizable expenses (mortgage interest, state taxes, charity) are close to the standard deduction, track them carefully - you might benefit from itemizing.
US: Tax-Advantaged Accounts
Contributions to 401(k), traditional IRA, and HSA reduce your taxable income, potentially moving you to a lower tax bracket.
India: Stay Under ₹7L
If your income is slightly above ₹7 lakh, consider increasing deductions (standard ₹75K + NPS ₹50K) to bring taxable income below ₹7L for zero tax under Section 87A.
Don't Forget FICA/Cess
US: FICA taxes (7.65%) are not included. India: 4% cess is already included. Your actual take-home may differ slightly.