Advanced Income Tax Calculator

Calculate your estimated U.S federal tax refund or amount owed with precision. Supports both W-2 employees and self-employed individuals.

Average Refund

$3,167

Tax Brackets

7 Tiers

Max Tax Rate

37%

Tax Year

2024
W-2 Employee
Self-Employed
Compare
0 dependents
$65,000
$75,000

Scenario A

Scenario B

Tax Calculation Results

$5,421 Refund
Effective Tax Rate 12.4%
$0 $52,400

Tax Distribution

Tax Breakdown

Gross Income: $66,500
Adjustments: -$0
Adjusted Gross Income (AGI): $66,500
Standard Deduction: -$13,850
Taxable Income: $52,650
Federal Income Tax: $6,521
Tax Credits: -$4,000
Total Tax Liability: $2,521
Taxes Withheld/Paid: $8,000
Your Refund: $5,479

Your Tax Brackets (2024)

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