Income tax calculator
Will you get a refund or owe? Estimates your 2026 federal and state return from your income, deductions and family, with the new 2026 deductions for tips, overtime, seniors and car loan interest, then compares it with what you have already paid.
Quick answer: A single filer with $75,000 of wages and the $16,100 standard deduction owes about $7,676 in 2026 federal income tax, an average rate of 10.2% with a top bracket of 22%. State tax comes on top in most states: about $2,665 more in California, and nothing in a state with no income tax such as Texas.
By John Crane, MBA & the Editorial Team · Updated for the 2026 tax year. How we check our numbers
Estimated federal amount owed
$876.00
Federal tax $9,876
| Federal tax | $9,876 | 11.6% |
|---|---|---|
| Income after these taxes | $75,124 | 88.4% |
- Adjusted gross income
- $85,000
- Taxable income
- $68,900
- Deduction used
- Standard $16,100
- Federal bracket
- 22%
- Effective federal rate
- 11.6%
- TX tax after credits
- $0
Where your federal tax comes from
Ordinary income by bracketFederal return summary
Form 1040, 2026| Line | Amount |
|---|---|
| Total income | $85,000.00 |
| Adjustments | -$0.00 |
| Adjusted gross income | $85,000.00 |
| Standard deduction | -$16,100.00 |
| Taxable income | $68,900.00 |
| Income tax | $9,876.00 |
| Total federal tax | $9,876.00 |
| Withholding and estimated payments | $9,000.00 |
| Federal amount owed | $876.00 |
Income tax calculators by state
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
How this is calculated
Federal return
Follows the 2026 Form 1040 and its draft schedules: Social Security taxability, standard or itemized deduction (with the $40,400 state and local tax cap), the new Schedule 1-A deductions, the Tax Table for income under $100,000, 0/15/20% rates on qualified dividends and long-term gains, child tax credit, the child and dependent care credit, EITC, and the 3.8% and 0.9% Medicare-related taxes.
State return
Each state's own resident return: its starting point, adjustments such as Social Security and retirement exclusions, deductions, exemptions, rates and main credits, plus county or city tax where it is figured on the state return.
Not included
Self-employment tax and the business income deduction, the kiddie tax, and less common credits. The alternative minimum tax is figured for the standard deduction or state and local tax add-back and an ISO exercise spread, and California's for California residents; other AMT adjustments are not. Credits published only as lookup tables that are not yet released for 2026 are left out and noted.
Sources
Related guides
- How bonuses are taxed in 2026Why a bonus check looks smaller than a paycheck, the 22% federal flat rate, every state's bonus withholding rate, and what you actually owe at tax time.
- 2026 federal income tax brackets and standard deductionThe 2026 tax brackets for every filing status, the standard deduction, how marginal rates really work, and what a typical household pays.
- The 2026 tips and overtime deductions, explainedWho can deduct tips and overtime pay from 2025 through 2028, the limits and phase-outs, what counts, which states follow, and how much they save.
- How to adjust your W-4 so you don't owe at tax timeWhat each step of the 2026 Form W-4 does, how to fix withholding that is too low or too high, and worked examples for two jobs, kids and side income.
- How RSUs are taxedRSUs are taxed as pay when they vest. Why the 22% withheld often falls short, how sell-to-cover works, and the 1099-B mistake that taxes income twice.
- ISO vs NSO stock options: taxes and AMTHow ISOs and NSOs are taxed at exercise and sale, when ISOs trigger the alternative minimum tax, and how many you can exercise before it applies.
- States with no income tax, and what they charge insteadThe nine states with no tax on wages, how much a typical worker saves there, and the sales, property and other taxes that make up the difference.
- Which states tax Social Security benefits in 2026?The states that still tax Social Security, their exemptions and income limits, what a typical retiree pays in each, and how federal tax on benefits works.
- The 2026 SALT deduction cap, explainedThe $40,000 cap on deducting state and local taxes, how it shrinks above $500,000 of income, who should itemize now, and what it saves by state.
Questions
Who can take the new tips and overtime deductions?
For 2025 through 2028, workers can deduct up to $25,000 of qualified tips and up to $12,500 of overtime premium ($25,000 on a joint return), phasing out above $150,000 of income ($300,000 joint). They are available whether or not you itemize.
Should I itemize in 2026?
Only if your itemized deductions beat the standard deduction ($16,100 single, $32,200 joint). The higher $40,400 cap on state and local taxes makes itemizing worthwhile for more homeowners in high-tax states; the calculator picks the larger automatically.
Why might my refund be smaller than last year?
Refunds depend on how much was withheld, not just on your tax. A raise, a second job, or a W-4 change can leave too little withheld. Use the paycheck calculator to adjust withholding for the rest of the year.