2014 - 2015 Income Tax Rate Calculator
With our federal income tax rate calculator you can quickly determine what tax bracket and tax rate you fall into. Our tax rate calculator allows you to select the tax year you are filing and your filing status to determine what tax bracket you fall into. Once this process is complete you will see what income tax rate your tax return will be calculated at for tax rate payments. You can then choose your income tax software for filing.
It is important to remember that your actual overall tax rate is a variable figure since each portion of your income is taxes at the tax bracket rate it falls into. As you income increases, each income portion is taxed at it's tax bracket rate then added to the next portion in the next tax bracket.