2026 Federal Tax Calculator | Bipartisan Policy Center

Filing Status

Income

Deductions

Above-Line Ded.

Credits

Results

Step 1 of 5

Filing Status

Learn more about filing status here.

How will you file your taxes?

Single Head of Household Married Filing Jointly

Senior Deduction

Taxpayer is age 65 or older Senior Ded.

Your Tax Results

Estimated Federal Income Tax Liability

Effective Rate

0.0%

Marginal Rate

0.0%

LTCG Rate

Tax Receipt▼

Starting from your gross income, this receipt shows how each deduction and credit reduces your federal income tax.

Income & AGI▼

Wages & Salary$0

Wages & Salary — Spouse$0

Investment Income$0

Other Income$0

Gross Income (AGI)$0

Taxable Income Calculation▼

Gross Income (AGI)$0

Less: Standard Deduction $0

Less: Add'l Std. Ded. (65+/Blind)$0

Less: Tips Deduction$0

Less: Overtime Deduction$0

Less: Senior Deduction (65+)$0

Less: Auto Loan Interest Ded.$0

Less: Non-Itemizer Charitable Ded.$0

Taxable Income$0

↳ Ordinary Taxable Income$0

↳ LTCG / Qualified Dividends$0

Tax Calculation▼

Ordinary Income Tax$0

LTCG / Qualified Dividend Tax$0

Net Investment Income Tax (3.8%)$0

Tax Before Credits$0

Credits▼

Child Tax Credit (CTC) — non-refundable$0

Tax After Non-Refundable Credits$0

Child Tax Credit (CTC) — refundable portion$0

Earned Income Tax Credit (EITC)$0

Final Federal Income Tax Liability$0

Ordinary Income — Bracket Breakdown▶

Net Investment Income Tax Detail▶

Net Investment Income$0

MAGI (AGI for NIIT purposes)$0

NIIT Threshold$0

Income Subject to NIIT$0

NIIT (3.8%)$0

Child Tax Credit (CTC) Detail▶

Children ages 0–16 × per-child CTC$0

Age-17 children + non-child dependents × $500 ODC$0

Total CTC + ODC Before Phaseout$0

CTC Phaseout Reduction$0

CTC After Phaseout$0

Non-Refundable CTC Applied$0

Refundable CTC (15% of wages above $2,500)$0

Max Refundable CTC (ages 0–16 × max per child)$0

Refundable CTC Applied$0

Final CTC (Non-Refundable + Refundable)$0

Earned Income Tax Credit (EITC) Detail▶

Earned Income (wages)$0

EITC Qualifying Children (ages 0–16 + age 17)0

Phase-in Earned Income Amount (plateau start)$0

Maximum EITC$0

Phaseout Start$0

EITC Phaseout Reduction$0

Final EITC$0

Payroll Tax Detail▶

Employee Side

Social Security (6.2%)$0

Self$0

Spouse$0

Medicare (1.45%)$0

Add'l Medicare (0.9%)$0

Total Employee Payroll Tax$0

Employer Side

Social Security (6.2%)$0

Self$0

Spouse$0

Medicare (1.45%)$0

Total Employer Payroll Tax$0

SS Taxable Maximum (per worker)$0

Add'l Medicare Threshold$0

Combined Employee + Employer Payroll Tax$0

Total Federal Tax Burden (Income + Payroll)$0

Federal Income Tax Across the Income Spectrum▼

Wage income range:

Note: Chart varies wage/salary income while holding all other inputs constant. The ● marker shows your current position. Negative values reflect net refunds from EITC and refundable CTC.

Disclaimer: For illustrative and educational purposes only. Not tax advice. Key simplifications: (1) AGI approximated as gross income; (2) Only some itemized deductions, above-the-line deductions, and credits included; (3) EITC investment income disqualification limit not enforced; (4) Mortgage interest proration uses outstanding balance vs. $750,000.