Above is a sample tax bracket for U.S. federal income tax for the year 2006. Tax brackets are widely available on the internet; sites such as IRS.gov and About.com are good places to look. Keep in mind that tax brackets are adjusted each year for inflation, and that tax laws change all the time. Also, your tax bracket depends on your filing status. The data from the tax bracket is easily inserted into the calculator on the next spreadsheet page. The picture above simply serves as an example!
U.S. Federal Income Tax Calculator
Enter data in white spaces only. 2006 Income is Greater But Less Than Than or Equal To: or Equal to:
$0 $15,101 $61,301 $123,701 $188,451 $336,551 $15,100 $61,300 $123,700 $188,450 $336,550
Tax Rate
10% 15% 25% 28% 33% 35%
…Of the Amount Accumulated Over: Tax $15,100 $61,300 $123,700 $188,450 $336,550 $37,000 15% $1,510 $3,285 $4,795 $1,510 $8,440 $24,040 $42,170 $91,043
Taxable Income: Tax Rate: Accumulated Tax: Additional Tax: Total Tax: