Free Online Tax Calculator
Use our free Tax Calculator to instantly calculate income tax, GST, VAT, or sales tax. Enter your amount and tax rate to get total payable tax and net amount. Fast, accurate, and completely online.
How to Use Our Tax Calculator
1. Select Your Country
Choose from 9+ countries with real tax brackets
2. Enter Your Salary
Input your annual gross salary in local currency
3. Custom Rate (Optional)
Override with your own tax rate if needed
4. Get Results
View comprehensive tax breakdown and net salary
Supported Countries & Tax Systems
United States
USD
- Federal Tax
- Social Security
- Medicare
United Kingdom
GBP
- Income Tax
- National Insurance
Canada
CAD
- Federal Tax
- CPP
- EI
Australia
AUD
- Income Tax
- Medicare Levy
Germany
EUR
- Income Tax
- Social Security
- Solidarity
France
EUR
- Income Tax
- Social Security
- CSG
Japan
JPY
- Income Tax
- Social Security
- Resident Tax
India
INR
- Income Tax
- Social Security
- Cess
Pakistan
PKR
- Income Tax
- Social Security
- Zakat
Tax Calculation Types
Income Tax Calculator
Calculate income tax for individuals
Personal income tax calculation
GST Calculator
Calculate Goods and Services Tax
GST on products and services
VAT Calculator
Calculate Value Added Tax
VAT for business transactions
Sales Tax Calculator
Calculate sales tax on purchases
Retail sales tax calculation
Tax Percentage Calculator
Calculate tax percentage and rates
Tax rate percentage calculation
After Tax Calculator
Calculate net amount after tax
Net income after deductions
Before Tax Calculator
Calculate gross amount before tax
Gross salary before deductions
Total Tax Calculator
Calculate total tax amount payable
Total tax liability calculation
Business Tax Calculator
Calculate business tax obligations
Corporate tax calculation
Advanced Calculation Features
Progressive Tax Brackets
Real tax brackets for each country with accurate calculations
Social Security
Country-specific social security contributions
Tax Breakdown
Detailed breakdown by tax bracket and rate
Custom Rates
Override with your own tax rate for special cases
Tax Calculation Formulas
Progressive Tax Formula
Tax = Σ(Bracket Income × Bracket Rate)
Each tax bracket is calculated separately, then summed for total tax. This ensures fair taxation across income levels.
Effective Tax Rate Formula
Effective Rate = (Total Tax ÷ Gross Income) × 100
The average tax rate across all income levels, showing your overall tax burden as a percentage.
Marginal Tax Rate Formula
Marginal Rate = Tax Rate of Highest Bracket
The tax rate on the next dollar earned, important for financial planning and investment decisions.
Frequently Asked Questions
How do I calculate income tax on my salary?
Enter your gross salary, select your country, and our calculator will apply the correct tax brackets and rates. The calculator handles progressive taxation, social security, and other deductions automatically.
What is the difference between gross and net salary?
Gross salary is your total earnings before taxes, while net salary is your take-home pay after all deductions. Our calculator shows both amounts with detailed breakdowns.
How do I calculate self-employment tax?
For self-employment income, you need to calculate both income tax and self-employment tax (Social Security and Medicare). Our calculator includes these calculations for freelancers and business owners.
Can I calculate sales tax with this calculator?
Yes! Our calculator supports sales tax calculations. Enter the purchase amount and tax rate to get the total including tax or calculate tax from a total amount.
How accurate are the tax brackets in this calculator?
Our calculator uses current tax brackets and rates for each country. However, tax laws change frequently, so always verify with your local tax authority for the most current information.
What is progressive taxation and how does it work?
Progressive taxation means higher income is taxed at higher rates. Each bracket is calculated separately - for example, the first $11,000 might be taxed at 10%, the next $33,725 at 12%, and so on.
How do I calculate my tax refund or amount owed?
Our calculator shows your total tax liability. To estimate refunds or amounts owed, subtract any tax already paid (withholdings) from your total tax liability. Positive amounts mean you owe money, negative amounts mean you'll get a refund.
Can I use this calculator for business tax planning?
Yes, our calculator is useful for business tax planning. It can calculate corporate tax rates, VAT, and other business taxes. However, for complex business scenarios, always consult with a tax professional.
How do I calculate property tax?
Property tax is calculated as: Property Tax = (Property Value × Assessment Rate × Tax Rate) ÷ 100. Our calculator can help with this calculation when you input the property value and local tax rate.
What's the difference between marginal and effective tax rates?
Marginal tax rate is the rate on your next dollar of income, while effective tax rate is your average tax rate across all income. Our calculator shows both rates to help with financial planning.
Is this calculator free to use?
Yes, our tax calculator is completely free to use with no registration required. All features including custom tax rates, detailed breakdowns, and multiple country support are available at no cost.
What documents do I need to file my taxes?
Essential documents include W-2 forms from employers, 1099 forms for freelance income, mortgage interest statements (Form 1098), property tax statements, charitable donation receipts, medical expense records, and any other income or deduction documentation. Keep all receipts and statements organized throughout the year for easier tax preparation.
How do I check the status of my tax refund?
Use the IRS "Where's My Refund?" tool on irs.gov, which updates daily. You'll need your Social Security number, filing status, and exact refund amount. Refunds are typically processed within 21 days for e-filed returns or 6-8 weeks for paper returns. The tool shows three stages: Return Received, Return Approved, and Refund Sent.
What is the standard deduction for the current tax year?
For 2024, the standard deduction is $14,600 for single filers, $29,200 for married filing jointly, $21,900 for head of household, and $14,600 for married filing separately. These amounts are adjusted annually for inflation. The standard deduction reduces your taxable income without needing to itemize deductions.
How do I file for a tax extension?
File Form 4868 with the IRS by the original due date (typically April 15) to get an automatic 6-month extension. This gives you until October 15 to file your return. However, you must still pay any estimated tax owed by the original due date to avoid penalties and interest. You can file electronically or by mail.
What are the tax brackets for this year?
For 2024, the federal tax brackets are: 10% (up to $11,600), 12% ($11,601-$47,150), 22% ($47,151-$100,525), 24% ($100,526-$191,950), 32% ($191,951-$243,725), 35% ($243,726-$609,350), and 37% (over $609,350) for single filers. Brackets differ for married filing jointly, head of household, and married filing separately.
How do I claim the Child Tax Credit?
The Child Tax Credit is worth up to $2,000 per qualifying child under 17. You can claim it on your tax return if your income is below certain thresholds ($200,000 for single filers, $400,000 for married filing jointly). The credit is partially refundable up to $1,600 per child. Complete Schedule 8812 if claiming the refundable portion.
What is the difference between a tax credit and a tax deduction?
A tax credit directly reduces your tax liability dollar-for-dollar (e.g., a $1,000 credit reduces your tax by $1,000). A tax deduction reduces your taxable income, which may lower your tax depending on your bracket (e.g., a $1,000 deduction in the 22% bracket saves $220 in tax). Credits are generally more valuable than deductions.
How do I report self-employment income?
Report self-employment income on Schedule C (Form 1040) if your net earnings are $400 or more. You'll also need to file Schedule SE for self-employment tax (Social Security and Medicare). Keep detailed records of all business income and expenses. Consider making quarterly estimated tax payments to avoid penalties.
What are the penalties for filing taxes late?
Late filing penalty is 5% of unpaid tax per month (up to 25% maximum). Late payment penalty is 0.5% of unpaid tax per month. Interest accrues on unpaid amounts. If you file more than 60 days late, the minimum penalty is $435 or 100% of the tax owed, whichever is smaller. File and pay as soon as possible to minimize penalties.
Can I deduct medical expenses on my taxes?
You can deduct unreimbursed medical expenses that exceed 7.5% of your adjusted gross income (AGI) if you itemize deductions. This includes doctor visits, prescriptions, medical equipment, and health insurance premiums. Keep all receipts and documentation. For example, if your AGI is $50,000, you can only deduct medical expenses over $3,750.
How do I amend a tax return?
File Form 1040-X to amend your return within 3 years of the original filing date or 2 years from when you paid the tax, whichever is later. Include a detailed explanation of changes and any supporting documentation. You can file electronically for tax years 2019 and later. Processing takes 8-12 weeks for paper returns.
What is the Earned Income Tax Credit (EITC)?
The EITC is a refundable credit for low- to moderate-income working individuals and families. For 2024, maximum credits range from $632 (no children) to $7,430 (3+ children). Income limits apply based on filing status and number of children. You must have earned income and meet other requirements. Use the EITC Assistant on irs.gov to check eligibility.
How do I set up a payment plan with the IRS?
Apply for an installment agreement online at irs.gov, by phone, or by submitting Form 9465. Short-term plans (120 days or less) have no setup fee. Long-term plans have fees ranging from $31-$225 depending on payment method. You can also request a payment plan if you owe $50,000 or less in combined tax, penalties, and interest.
Are unemployment benefits taxable?
Yes, unemployment compensation is taxable income at the federal level and in most states. You'll receive Form 1099-G showing the amount received. You can choose to have federal taxes withheld (10%) or pay estimated taxes. Some states don't tax unemployment benefits, so check your state's rules. Report on line 1a of Form 1040.
How do I report cryptocurrency transactions on my taxes?
Cryptocurrency transactions are treated as property for tax purposes. Report capital gains/losses on Schedule D (Form 1040). Each transaction must be tracked with cost basis, fair market value, and date. Use Form 8949 for detailed reporting. Mining income is reported as ordinary income. Consider using crypto tax software for complex transactions.
What education expenses are tax-deductible?
Qualified education expenses may qualify for the American Opportunity Credit (up to $2,500 per student), Lifetime Learning Credit (up to $2,000 per return), or tuition and fees deduction. Eligible expenses include tuition, fees, books, and supplies. Income limits apply. You cannot claim multiple credits for the same expenses. Use Form 8863 to claim education credits.
How do I claim a home office deduction?
Only self-employed individuals can claim the home office deduction. The space must be used exclusively and regularly for business. You can use the simplified method ($5 per square foot, up to 300 sq ft = $1,500 max) or the regular method (actual expenses). Employees cannot claim this deduction due to the Tax Cuts and Jobs Act changes.
What is the Alternative Minimum Tax (AMT)?
The AMT is a parallel tax system ensuring high-income individuals pay a minimum tax. It eliminates many deductions and uses different rates (26% or 28%). You must calculate tax under both systems and pay the higher amount. AMT exemption amounts are $85,700 (single) and $133,300 (married filing jointly) for 2024. Use Form 6251 to calculate AMT.
How do I report rental income and expenses?
Report rental income and expenses on Schedule E (Form 1040). Include rent received, security deposits (if kept), and any advance rent. Deductible expenses include mortgage interest, property taxes, insurance, repairs, maintenance, utilities, and depreciation. Keep detailed records of all transactions. Rental losses may be limited by passive activity rules.
Can I deduct state and local taxes on my federal return?
Yes, you can deduct state and local income, sales, and property taxes, but the total is limited to $10,000 ($5,000 if married filing separately) due to the Tax Cuts and Jobs Act. This includes state income tax, local income tax, and property taxes. You cannot deduct state and local sales taxes if you deduct state and local income taxes.
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