Free Income Tax Calculator (2026)
Estimate your federal and state income taxes instantly. Calculate your take-home pay, effective tax rate, and total tax in seconds. No sign-up required.
On a $70,000.00 salary with $14,600.00 in deductions, you'll pay $7,241.00 in federal tax and take home $62,759.00 per year.
Federal Income Tax
$7,241.00
After-Tax Income
$62,759.00
10.3% effective rate
For more options and country-specific rates:
Open full calculatorFree Tax & Finance Calculators
Estimate your federal tax on any salary. Calculate capital gains on stocks and cryptocurrency. See how much you take home after deductions. Updated for 2026.
Our free income tax calculator helps you estimate your federal and state taxes based on your income, filing status, and location. Whether you want to know how much tax you owe on a $70,000 salary, calculate capital gains tax when selling stocks or Bitcoin, or see your exact take-home pay after all deductions — you get instant, accurate results.
Income Tax Calculator
Estimate your federal & state income tax for 2026. See tax brackets, deductions, and effective rate.
Capital Gains Tax Calculator
Calculate tax on stocks, crypto, and real estate. Short-term vs long-term rates by country.
Compound Interest Calculator
See how your money grows over time with compound interest. Visualize savings and investment returns.
Crypto Tax Calculator
Calculate cryptocurrency capital gains tax. Supports Bitcoin, Ethereum & all major coins.
Income After Tax Calculator
Calculate your take-home pay instantly. See how much income you keep after federal tax, state tax, and FICA.
Investment Return Calculator
Calculate ROI, annualized returns, and profit on any investment. Compare different scenarios.
How Our Tax Calculators Work
All calculations use current 2026 federal tax brackets and rates. Results are estimates — your actual tax may differ based on credits, deductions, and state rules.
Enter Your Numbers
Type in your gross income, investment amounts, or crypto buy and sell prices. Every calculator comes pre-filled with realistic example values so you can see results the moment the page loads.
Adjust Your Details
Select your filing status, holding period, state, or pay frequency. Tax rules change based on these factors — married filers have different brackets than single filers, and long-term gains are taxed at half the rate of short-term gains.
Hit Calculate — See Real Results
Click the Calculate button to apply your inputs. Results show your estimated tax owed, effective tax rate, and take-home amount with red/green highlights for quick scanning. Every figure updates based on your exact numbers.
Compare and Plan
Try different scenarios: What if you held your investment one more year? What if you moved to a no-income-tax state? Adjust your inputs and recalculate to see the dollar impact of each decision.
Tax Rates by Country (2026)
Quick reference for income tax and capital gains rates across major countries.
| Country | Income / Short-Term | Long-Term Capital Gains | Crypto Treatment | Calculator |
|---|---|---|---|---|
| United States | 10–37% | 0–20% | Treated as property | Calculate → |
| United Kingdom | 20–45% | 10–20% | CGT applies | Calculate → |
| Canada | 15–33% | 50% inclusion | Commodity treatment | Calculate → |
| Australia | 19–45% | 50% CGT discount | Property for CGT | Calculate → |
| Germany | Up to 45% | Tax-free after 1yr | 1-year exemption | Calculate → |
| France | 30% flat | 30% flat | 30% flat tax | Calculate → |
| Japan | 15–55% | 15–55% | Misc. income | Calculate → |
Rates are simplified for reference. Actual rates depend on income level, filing status, and specific jurisdiction rules. See full country-by-country guide
Why Users Trust TaxFreely
Instant Results
Get accurate tax estimates in seconds. No waiting, no complicated setup.
Multi-Country
Tax rules for US, UK, Canada, Australia, Germany, France, Japan, and more.
100% Private
All calculations run locally in your browser. We never store your financial data.
Always Updated
Tax brackets and rates updated for the current 2026 tax year.
Frequently Asked Questions About Our Tax Calculator
Find clear answers to common questions about income tax, capital gains, crypto tax, and take-home pay.
If I make $75,000 a year, how much federal income tax do I pay in 2026?
On a $75,000 annual salary, a single filer claiming the 2026 standard deduction of $14,600 has a taxable income of $60,400. Applying the progressive federal brackets, the total federal income tax comes to approximately $8,442, which is an effective rate of 11.3%. That leaves you with about $66,558 after federal tax. State income taxes, Social Security, and Medicare are separate and not included in this figure.
If I earn $15 per hour working 40 hours a week, what's my take-home pay after taxes?
Full-time work at $15 per hour generates a gross annual income of $31,200. After the standard deduction, taxable income is $16,600, resulting in approximately $1,796 in federal income tax. Social Security takes 6.2% and Medicare takes 1.45% of your total gross income. In a state with no income tax, your estimated annual take-home pay is around $26,800, or roughly $1,031 per biweekly paycheck.
If I bought stock at $10,000 and sold at $25,000, how much capital gains tax do I owe?
Your total gain is $15,000. How much tax you owe depends on how long you held the stock. If you held it for more than one year, long-term rates apply and the tax is $2,250 at the standard 15% rate, leaving you with $12,750. If you held it for one year or less, short-term rates apply and the tax could reach $3,600 at a 24% rate, leaving $11,400.
What is the long-term capital gains tax rate for 2026?
Long-term capital gains apply when you hold an asset for more than one year. For 2026, the rates are 0% for taxable income up to $47,025, 15% for income up to $518,900, and 20% above that. Most individual investors fall in the 15% bracket.
If I invest $100 a month for 20 years at 7%, how much will I have?
Over 20 years at 7% annual return with monthly compounding, your $100 monthly contributions would grow to approximately $52,093. You contribute a total of $24,000 over that period, meaning compound interest alone accounts for more than $28,000 of the final balance. This is the power of compounding — your interest earns interest each month.
How much will $10,000 grow in 10 years with compound interest?
At a 7% annual return with monthly compounding and no additional contributions, $10,000 grows to approximately $20,097 after 10 years. At a higher return of 10%, the same amount becomes $27,070. Even small differences in annual return rate create significant differences in outcomes over a decade.
If I bought 1 Bitcoin at $30,000 and sell at $95,000, how much tax do I owe?
Your capital gain is $65,000. If you held the Bitcoin for more than one year, the long-term capital gains rate of 15% applies, and your tax bill is $9,750, leaving an after-tax profit of $55,250. If you held it for one year or less, the short-term rate of 24% applies, resulting in $15,600 in taxes and an after-tax profit of $49,400. Holding for more than a year saves $5,850 in this example.
Do I have to pay tax if I trade one cryptocurrency for another?
Yes. In the United States, swapping one cryptocurrency for another is a taxable event, the same as selling for cash. You calculate the gain or loss based on the dollar value of the crypto you received versus the dollar value of the crypto you gave up. The IRS treats this as disposing of one asset and acquiring another, and any gain is subject to capital gains tax.
If I make $75,000 a year, how much do I take home after all taxes?
In a state with no income tax such as Texas or Florida, a $75,000 salary leaves you with approximately $57,620 per year after federal income tax, Social Security, and Medicare. In California, where the state income tax is 9.3% at this income level, take-home drops to roughly $50,645 per year. The gap between the highest-tax and no-tax states on this salary is more than $7,000 per year.
If I make $500 a week, how much is my take-home after taxes?
A salary of $500 per week equals $26,000 per year. After federal income tax of about $1,140, Social Security of $1,612, and Medicare of $377, your annual take-home in a state with no income tax is approximately $22,871. That works out to about $440 per week or $1,759 per month.
If I invested $10,000 five years ago and it's now worth $25,000, what is my annualized return?
Your total gain is $15,000, which is a total return of 150% over five years. The annualized return — also called the compound annual growth rate — is 20.1% per year. This means your investment grew at an equivalent rate of 20.1% each year on a compounding basis, which is well above the long-term average of U.S. equity markets.
What is a good return on investment for stocks?
The S&P 500 index has averaged roughly 10% per year since its inception, or approximately 7% after adjusting for inflation. For a diversified portfolio, returns between 7 and 12% annually are generally considered strong. Any consistent return that outpaces inflation, which has historically run around 2 to 3%, preserves and grows your purchasing power over time.
Learn How Taxes Work
In-depth guides to help you understand federal tax, capital gains, and crypto tax rules.
How Crypto Tax Works
Complete guide to cryptocurrency taxation: taxable events, capital gains, and reporting requirements.
Read guide →Tax Rates by Country
Compare crypto and capital gains tax rates across US, UK, Canada, Australia, Germany and more.
Read guide →Tax Blog
Latest articles on tax strategies, crypto regulations, and financial planning tips.
Browse articles →Ready to Calculate Your Taxes?
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