Tax Bracket Calculator

See which federal tax brackets apply to your income. Understand your marginal vs effective tax rate for 2026.

Your Income

$

Tax Summary

Taxable Income
$70,400
Federal Tax
$10,541
Effective Rate
12.4%
Marginal Rate
22%
RateTaxable AmountTax
10%$11,601$1,160
12%$35,550$4,266
22%$23,249$5,115

2026 Federal Tax Brackets Explained

The US uses a progressive tax system, meaning different portions of your income are taxed at different rates. Your "marginal rate" is the rate on your last dollar earned, while your "effective rate" is the average rate across all your income. Most people's effective rate is significantly lower than their marginal rate.

Marginal vs Effective Tax Rate

A common misconception is that moving into a higher tax bracket means all your income is taxed at that rate. In reality, only the income within each bracket is taxed at that bracket's rate. For example, if you earn $100,000 as a single filer, your first $11,600 is taxed at 10%, the next $35,550 at 12%, and the remainder at 22%.