Total Effective Tax Rate Calculator

Enter your financial information to calculate your effective tax rate with detailed breakdown

Income

Enter all sources of taxable income

Filing Status *

Wage/Salary Income (Yearly)

I have other sources of income (Business, Interest, Dividends, Capital Gains)

Adjustments

Contributions that reduce your adjusted gross income

401(k) Contributions

Max contribution: $23,000.00

HSA Contributions

Max contribution: $4,150.00

Traditional IRA Contributions

Deductions

Choose between standard or itemized deductions

Use Standard Deduction

Using standard deduction based on your filing status. Itemized deductions will be ignored.

Credits & Personal Information

Dependents and other personal information

Number of Dependents

State of Residence *

Property Tax

Calculate estimated property tax based on your home value

Include property tax in total calculation

Estimated property tax is calculated using average assessment ratios and tax rates for your state.

Sales Tax

Estimate your annual sales tax burden

Include sales tax in total calculation

Vehicle Registration Tax

Estimate your annual vehicle registration costs

Include vehicle registration tax in total calculation

Fill out the form and click "Calculate" to see your tax results here

Understanding Your Tax Burden

Federal Income Tax

The United States uses a progressive tax system, meaning your tax rate increases as your income rises. Our calculator uses the latest 2024-2025 tax brackets to estimate your federal liability, accounting for your filing status and standard deduction.

State Income Tax

State taxes vary significantly across the US. Some states like Texas and Florida have no income tax, while others like California and New York have progressive rates. We calculate your specific state tax burden based on your location and income level.

Effective Tax Rate

Your effective tax rate is the actual percentage of your total income that goes to the IRS. It's often lower than your marginal tax bracket because of deductions and the progressive nature of the tax code. Knowing this number helps in financial planning.

Frequently Asked Questions

Why Use Our Tax Calculator?

Planning your finances requires accurate data. Whether you're negotiating a salary, planning for retirement, or just curious about where your money goes, our free tax calculator provides a comprehensive breakdown of your tax liability, including often-overlooked costs like vehicle registration and sales tax.