Income Tax Estimator
Estimate your federal and state/provincial income taxes for 2026. This calculator supports both US and Canadian tax systems.
Key Features
- Supports US federal + state income tax
- Supports Canada federal + provincial income tax
- Includes standard deductions
- Real-time calculation with instant results
Calculator Inputs
Calculation Results
Gross Income:
$0.00
Standard Deduction:
$0.00
Taxable Income:
$0.00
Federal Tax:
$0.00
State/Provincial Tax:
$0.00
Total Tax:
$0.00
Effective Tax Rate:
0%
Net Income:
$0.00
About This Calculator
This income tax estimator provides quick estimates of your federal and state/provincial income taxes for the 2026 tax year. It uses the latest tax brackets and standard deduction amounts for both the United States and Canada.
Please note that this is a simplified estimator and does not account for all possible deductions, credits, and adjustments. For accurate tax preparation, consult a qualified tax professional.
US Federal Income Tax Brackets 2026
| Tax Rate | Single | Married Filing Jointly | Head of Household |
|---|---|---|---|
| 10% | $0 - $11,600 | $0 - $23,200 | $0 - $17,550 |
| 12% | $11,601 - $47,150 | $23,201 - $94,300 | $17,551 - $64,250 |
| 22% | $47,151 - $100,525 | $94,301 - $201,050 | $64,251 - $100,500 |
| 24% | $100,526 - $191,950 | $201,051 - $383,900 | $100,501 - $191,900 |
| 32% | $191,951 - $364,200 | $383,901 - $728,400 | $191,901 - $364,200 |
| 35% | $364,201 - $731,200 | $728,401 - $731,200 | $364,201 - $731,200 |
| 37% | $731,201+ | $731,201+ | $731,201+ |
US Standard Deductions 2026
- Single: $14,600
- Married Filing Jointly: $29,200
- Married Filing Separately: $14,600
- Head of Household: $21,900
Canada Federal Income Tax Brackets 2026
| Tax Rate | Income Range (CAD) |
|---|---|
| 15% | $0 - $56,457 |
| 20.5% | $56,458 - $112,914 |
| 26% | $112,915 - $175,428 |
| 29% | $175,429 - $235,675 |
| 33% | $235,676+ |
Calculation Methodology
The calculator follows these steps to estimate your taxes:
- Determine Taxable Income: Subtract the standard deduction from your gross income.
- Calculate Federal Tax: Apply the progressive tax brackets to your taxable income.
- Calculate State/Provincial Tax: Apply the applicable state or provincial tax rate(s).
- Compute Total Tax: Sum federal and state/provincial taxes.
- Determine Net Income: Subtract total tax from gross income.
Limitations and Considerations
- This calculator uses standard deductions only. Itemized deductions are not included.
- Tax credits (like Child Tax Credit, Earned Income Credit) are not factored in.
- Self-employment taxes (SECA) are not included for the self-employed.
- Canadian calculations include federal tax only; provincial tax estimates may vary.
- This is for estimation purposes only. Consult a tax professional for accurate calculations.
Frequently Asked Questions
Taxable income is your gross income minus deductions and exemptions. This is the amount on which your taxes are calculated.
Standard deduction is a fixed amount set by the government. Itemized deductions are specific expenses you can deduct (mortgage interest, charitable contributions, etc.). You choose whichever gives you a larger deduction.
Progressive taxation means different portions of your income are taxed at different rates. Only the income in each bracket is taxed at that bracket's rate, not your entire income.
No, this calculator focuses on income taxes only. For FICA (Social Security and Medicare) calculations, use our Paycheck Calculator.
No, this simplified calculator does not account for retirement plan contributions. These can reduce your taxable income.
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