Tax Season Tools, Tips, Guides, and Products, 2018 - 2019

Fed Tax Calculator for 2018 - 2019

That time of year again... you either love it or hate it... getting a refund or, owe more to Uncle Sam. Either way, it's easy to get a ballpark figure of where you stand with the IRS by using one of these fed tax calculator's to estimate what your federal tax refund may be.

Unfortunately as they say, there is nothing more certain than death and taxes. Without tax planning your annual tax liability can weigh heavy on you and, spin right out of control. Using a federal tax calculator can help you determine your estimated tax liability along with your average and marginal income tax rates. This is a wise calculation to perform several time a year in order to stay on top of you federal and state income tax liabilities.

Calculate Your 2018 - 2019 Federal Income Taxes

 TurboTax FREE Federal Tax Calculator

 HR Block FREE Federal Tax Calculator

Calculate Your Federal Tax Return Refund Free With This Online Fed Tax Calculator tool, estimate where you stand with Uncle Sam

Your Federal Tax Rate is the rate you pay on your total taxable dollars earned during the tax year. This is the net amount of earnings after deductions have been taken. Tax rates apply by portion, as income increases into another tax bracket that portion falling within the next bracket is taxed at that new higher tax rate. With the fed tax calculator you can determine your income tax rate and an estimate of how much your refund or taxes owed to the IRS are this tax season.

How to use our Fed Tax Calculator and Tax Bracket Rates Table for 2018 - 2019 Tax Calculations

Our interactive fed tax calculator is an easy tool to use that can help you figure out your federal taxes on your taxable income.

Just enter your taxable income in the highlighted field, select your filing status and tax year being filed in the tax calculator above then click the estimate taxes button to see how big your refund will be. For the tax brackets table just select filing status and tax year for automatic results.

The interactive federal tax calculator calculates federal (IRS) taxes but it is not the best choice if you have deductions and don't know your net income after these deductions. If you do have deductions and other adjustments to make to your income, then, the HR Block or TurboTax tax calculators are a better choice. These calculators will in fact help you calculate in all your deductions and adjustments, plus there free to use and don't require any personal identification information.

Your annual income may be subject to state and local taxes in addition to federal taxes.

Note that the tax year input box in our federal tax calculator represents the year in which you earned your income which is the income tax year you are filing.

So, for example, you would select the tax year to calculate your tax liability to report on your tax return that must be filed by April 15th .

TurboTax and HR Block tax calculators make computing taxes fast and easy.

A fed tax calculator can make the job of preparing tax returns easier and more accurate. Federal income tax calculators perform complex computations for each line of your income tax form. You can use these calculators to get the correct result for your deductions, credits and taxes due. These are Internal Revenue Service approved calculators and are wise choices since some calculators may not give you the answer that the IRS needs and you can wind up with a penalty.

The tax you pay can wither away the profit of your investment, so learn how to use tax calculators for smarter investment choices. Consider the following about tax calculators education and training tips:

  1. Educate yourself on the many functions of deduction tax calculators.

  2. Learn what tax calculators calculate and how to make the most of this information.

  3. Choose tax tools and calculators that teach you how to invest wisely for the future.

Fed Tax Brackets Calculator 2018 - 2019

Tax brackets and the income range associated with them vary according to the tax filing status you select when calculating and filing your federal taxes.

Our tax bracket calculator shows you what your tax rate is for each portion of your income falling within each tax bracket your income increases into.

This table below shows tax brackets for single tax filing status, see the fed tax brackets calculator below to calculate other tax filing status brackets.

Tax Rates Taxable Income Tax Brackets
10% $0 to $9,525
12% $9,526 to $38,700
22% $38,701 to $82,500
24% $82,501 to $157,500
32% $157,501 to $200,000
35% $200,001 to $500,000
37% $500,001 or more

Fed Tax Rates Calculator 2018 - 2019

Tax rates and taxes, who needs them? Well technically we all do. that's what funds our governments over spending and budget deficit. Hmmm, in that case, maybe we just don't need our government!

All kidding? aside, taxes are the baseline funding for which we manage the infrastructure of our country, and all the commerce activity that goes along with that. In turn, the tax rates are used to calculate our federal taxes.

Currently there are seven federal tax brackets that relate to seven tax rates: 10%, 12%, 22%, 24%, 32%, 35%, and 37%.

The amount of taxes you pay depends on your tax filing status as well as the amount of income you earn annually.

It is important to note that as your income moves into a higher tax bracket, that portion of income is taxes at the higher rate. This means that only the portions of your income that falls within each tax bracket are subjected to that particular tax rate.

Federal Tax Brackets and Rates Calculator

Tax rates are directly related to the percentage of taxes you will pay based on each dollar of income you earned. Each filing status includes its own tax brackets and range for income. However, while tax rates are the same for all filing status selections, federal taxes are calculated based on variable tax brackets.

With this progressive tax system, most tax filers pay income taxes across several tax brackets. Therefore, several federal tax calculations are made, then added together to get your total tax bill.

Marginal Tax Rates

Marginal tax rate is determine by the highest tax bracket that your last dollar of income falls into.

This directly correlates with the highest tax rate you pay on your income.

So based on your total overall income, if you add together all the taxes that you pay on each portion of your income falling within each tax bracket you will get your total tax bill. You can then divide it by your total income (then multiply by 100), and this will give you your "effective tax rate". This is the actual averaged tax rate you are paying on your overall taxes, regardless of marginal tax rate.

Historical IRS Federal Income Tax Rates

Over the decades tax rates have varied immensely as well as the number of tax rates that apply to tax filers.

This historical tax rate chart dates back to 1913 and as you will see there was a significantly higher range of rates.

With this higher range you can find tax rates that went as high as 77% back in 1918