New York Income Tax Calculator
Calculate your federal, state, and FICA taxes instantly with our comprehensive tax calculator
Free Income Tax Calculator for All 50 States
Welcome to the most comprehensive income tax calculator designed to help you understand your tax obligations across the United States. Whether you're planning a move, comparing job offers, or simply want to understand your tax liability, our calculator provides accurate, up-to-date calculations for the 2025 tax year.
Why Use Our Tax Calculator?
๐ฏ Accurate Calculations
Powered by RapidAPI's professional tax calculation engine, ensuring precise results based on current tax laws.
๐๏ธ All Tax Types Covered
Calculate federal income tax, state income tax, Social Security, and Medicare taxes in one place.
๐ 50 State Coverage
Compare tax rates across all 50 states to make informed decisions about where to live and work.
๐ก Tax Planning Insights
Understand your effective tax rate and take-home pay to better plan your financial future.
Popular State Tax Calculators
Tax Information
Your Tax Results Will Appear Here
Fill out the form and click "Calculate My Taxes" to see:
- โ Federal, state, and FICA tax breakdown
- โ Your total tax liability
- โ Take-home pay calculation
- โ Effective tax rate analysis
Understanding Your Tax Calculation
Our tax calculator considers all major components of the US tax system to provide you with an accurate estimate of your tax liability and take-home pay.
Federal Income Tax (2024)
The federal income tax system uses seven tax brackets ranging from 10% to 37%. Your tax is calculated progressively, meaning only the income within each bracket is taxed at that bracket's rate.
2024 Federal Tax Brackets (Single Filers)
Tax Rate | Income Range |
---|---|
10% | $0 to $11,600 |
12% | $11,601 to $47,150 |
22% | $47,151 to $100,525 |
24% | $100,526 to $191,950 |
32% | $191,951 to $243,725 |
35% | $243,726 to $609,350 |
37% | $609,351 and above |
State Income Tax
State income tax varies significantly across the United States:
- No Income Tax States: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming
- Flat Tax States: Several states use a flat tax rate regardless of income level
- Progressive Tax States: Most states use progressive brackets similar to the federal system
FICA Taxes (Social Security and Medicare)
FICA taxes are mandatory payroll taxes that fund Social Security and Medicare:
- Social Security: 6.2% on income up to $168,600 (2024)
- Medicare: 1.45% on all income
- Additional Medicare: 0.9% on income over $200,000 (single) or $250,000 (married filing jointly)
Tax Planning Strategies
- Maximize Pre-tax Contributions: 401(k), traditional IRA, and HSA contributions reduce taxable income
- Itemize When Beneficial: Compare itemized deductions to the standard deduction
- Tax-Loss Harvesting: Offset capital gains with investment losses
- Timing Income and Deductions: Strategically time income and deductible expenses
Tax Resources and Guides
๐ Tax Brackets 2025
Understand federal tax brackets and rates for all filing statuses
๐๏ธ State Tax Guide
Complete analysis of income tax rates across all 50 states
๐ฐ Payroll Tax Guide
FICA, Social Security, and Medicare tax rates and calculations
๐ Tax Planning Strategies
Year-round tax planning tips to minimize your tax liability
External References
- IRS Individual Taxpayers - Official federal tax information
- Wikipedia: US Income Tax - Comprehensive overview of the US tax system
- IRS Publication 17 - Your Federal Income Tax guide