Tax Calculator

How to Use the Tax Calculator: 1. Enter your Gross Income - Enter plain numbers without commas (e.g., 50000) - This is your total income before any deductions or taxes 2. Enter the Tax Rate (%) - Enter the percentage rate (e.g., 15 for 15%) - This is the tax rate applied to your taxable income 3. (Optional) Enter Deductions - Enter any deductions that reduce your taxable income - Examples: standard deduction, itemized deductions, exemptions 4. View your results instantly: - Taxable Income: Your gross income minus deductions - Tax Amount: The tax you owe based on your taxable income - Net Income: Your income after tax is deducted - Effective Tax Rate: Actual tax rate as a percentage of gross income 5. Use example scenarios for quick calculations: - Low Income: 30,000 at 10% with 5,000 deductions - Mid Income: 75,000 at 20% with 12,000 deductions - High Income: 150,000 at 30% with 20,000 deductions 6. Copy results to save or share 7. Reset to start a new calculation