US Federal Income Tax & Refund Estimator (2024/2025)
Comprehensive US federal income tax calculator updated for 2024/2025 tax brackets (10% to 37%). Compares standard deductions versus itemized deductions, applies Child Tax Credits, and compares total tax liability against W-2 payroll withholding to project your IRS tax refund or bill.
US Federal Income Tax & Refund Estimator (2024/2025)
Estimate your federal tax liability, marginal bracket, Child Tax Credit impact, and whether you will receive an IRS refund or owe taxes.
You overpaid your taxes throughout the year
After $2,000 in tax credits
Effective rate (Marginal bracket is 22%)
Progressive Tax Bracket Breakdown (Taxable Income: $70,400)
| Marginal Bracket | Taxable Chunk in Bracket | Tax Due on Chunk |
|---|---|---|
| 10% Bracket | $11,600 | $1,160 |
| 12% Bracket | $35,550 | $4,266 |
| 22% Bracket | $23,250 | $5,115 |
How to Use US Federal Income Tax & Refund Estimator (2024/2025)
Select Filing Status & Income
Choose Single, Married Joint, or Head of Household, and enter your W-2 wages and other taxable earnings.
Set Deductions & Tax Credits
Select standard deduction or input itemized write-offs, and enter qualifying children for the Child Tax Credit ($2,000 each).
Estimate Refund or Tax Due
Compare your final calculated tax against your payroll tax withholdings to see your projected IRS refund.
Frequently Asked Questions
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