Tool Point

Tax Calculator

Tax Owed: --
Net Income: --

How to Use

  1. Enter your gross income.
  2. Enter the tax rate percentage.
  3. Click “Calculate” to see results.

Why Use This Tool

  • Instant Results – See tax owed and net income.
  • Clean Interface – Simple, mobile‑friendly layout.
  • Flexible – Works with any income or rate.
  • Privacy‑First – All calculations run in your browser.

FAQ

  • What currency does this calculator use? Numbers only—works with any currency (USD, EUR, INR, etc).
  • Can I enter decimal values? Yes—both income and tax rate fields accept decimals.
  • Is my data stored or tracked? No—calculations happen locally in your browser.
  • How do tax deductions affect calculations?

    This calculator shows gross tax liability. To account for deductions, reduce your gross income by the deductible amount before entering it.

  • What about self-employment tax?

    For freelancers/contractors: Add your self-employment tax rate (typically 15.3% in the US) to your income tax rate for accurate calculations.

  • Does this work for state/local taxes?

    Yes! Enter your combined tax rate (e.g., 24% federal + 6% state = 30% total rate).

  • How often should I calculate taxes?

    Freelancers/gig workers: Recalculate quarterly to avoid underpayment penalties. Salaried employees: Check annually.

  • What's the difference between gross/net income?

    Gross = Total earnings before taxes. Net = What you actually take home after taxes.