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Income Tax Calculator

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How it works

Federal income tax is progressive: only income above each bracket threshold is taxed at that bracket's rate. Standard deduction (2024): $14,600 single, $29,200 married filing jointly. Taxable income = AGI − deductions. This calculator provides an estimate—actual liability depends on credits, AMT, investment income, and state-specific rules. File with a tax professional for complex situations.

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