USA Tax Calculator

Navigating US Taxes: Your Federal Income & Payroll Calculator (FY 2025-2026)

Estimate your Federal Income Tax, Capital Gains Tax, and FICA contributions.

The US Federal tax system, driven by marginal tax brackets, can be complex to predict. This **interactive US Tax Dashboard** is designed to provide you with a close estimate of your key Federal liabilities for the 2025 tax year. It uses projected 2025 marginal tax rates and standard deductions for common filing statuses, as well as current FICA (Social Security and Medicare) rates.

US Federal Tax Dashboard (FY 2025-2026 Estimates)

Calculations use projected 2025 tax brackets and standard deductions.

Credit: Muhammad Rizwan Sukhera | CEO - Raza Group.

1. Federal Income Tax & Payroll (FICA)

Gross Annual Income ($) Enter your total annual income (Wages, Business Income, etc.).

Filing Status Single Married Filing Jointly (MFJ) Head of Household (HoH)

Above-the-Line Adjustments (e.g., IRA) ($) Deductions like HSA contributions or student loan interest.

Annual Tax Summary

Standard Deduction: 0.00

Taxable Income: 0.00

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Federal Income Tax Due: 0.00

FICA (Social Security & Medicare): 0.00

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TOTAL FEDERAL LIABILITY: 0.00

2. Capital Gains Tax (CGT) - Long-Term

Long-Term Capital Gain Realised ($) Profit from assets held for more than one year.

Annual Adjusted Gross Income (AGI) Excluding LTCG ($) Used to determine your capital gains bracket.

CGT Summary

AGI for Bracket Check: 0.00

CGT Marginal Rate: 0%

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TOTAL LTCG TAX DUE: 0.00

3. Estimated State & Local Sales Tax (US Equivalent to VAT)

Estimated Annual Taxable Spending ($) Estimate of your annual spending on goods/services subject to Sales Tax.

Combined State & Local Sales Tax Rate (%) Use your state's combined rate (e.g., 7.5% is a US average).

Sales Tax Summary

Effective Rate Used: 7.5%

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ESTIMATED SALES TAX DUE: 0.00

4. Other State & Property Taxes (Informational)

State and local taxes are highly variable across the US. This section is a reminder to factor in these additional liabilities:

• **State Income Tax:** Varies from 0% (e.g., Texas, Florida) to over 10% (e.g., California, New York).
• **Local Property Tax:** Varies significantly by county and state, based on assessed property value.

Next Steps

Consult State-Specific Resources MANDATORY

Consider Sales Tax Impact IMPORTANT

Estimate Local Property Taxes CRITICAL

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Important Disclaimer

This calculator is for informational and estimation purposes only and should not be considered professional tax advice. Rates are based on projected 2025 Federal tax rates, FICA caps, and standard deductions. It only calculates **Federal** taxes and a rough **Sales Tax** estimate. It does not include state or local income, property, or sales taxes, which can significantly alter your total liability. It also assumes you are taking the **Standard Deduction** and does not account for Itemized Deductions, credits (e.g., Child Tax Credit), or complex income sources. For definitive guidance, you must consult with a qualified CPA or tax professional.

Conclusion: Next Steps in US Tax Planning

Understanding your marginal tax rate—the rate you pay on your *next dollar* of income—is the first step in optimizing your US taxes. Pay close attention to:

• **FICA Cap:** If your income exceeds the Social Security wage base limit, your effective tax rate decreases significantly after that threshold.
• **Capital Gains vs. Ordinary Income:** The overlap between your ordinary income and the 0% or 15% long-term capital gains brackets offers great opportunities for tax-loss harvesting and planning.
• **State Tax:** Since this calculator focuses only on Federal tax and estimated Sales Tax, your next crucial step is to research your state's tax requirements, as they can be substantial.

How does the addition of the estimated Sales Tax change your overall tax picture? Are you interested in having the calculator estimate the impact of **Qualified Business Income (QBI) Deduction** next?