Curious how much you might pay in federal and state taxes this year? Most people can use some form of IRS Form 1040 to determine how much they'll pay in income taxes—and whether they’ll owe money to Uncle Sam or qualify for a refund. Each state also has different tax forms and rules that determine how much you have to pay.
Use our 1040 income tax calculator to estimate how much tax you might pay on your taxable income.
After-Tax Income
$57,688
Federal taxes
Marginal tax rate 22%
Effective tax rate 11.98%
Federal income tax $8,387
State taxes
Marginal tax rate 6.33%
Effective tax rate 5.61%
New York state tax $3,925
Gross income $70,000
Total income tax -$12,312
After-Tax Income $57,688
Disclaimer: Calculations are estimates based on tax rates as of Dec. 2021 and data from the Tax Foundation. These rates are subject to change. Check the IRS website for the latest information about income taxes and your state tax website for state-specific information. Our calculator doesn’t consider both 401k and IRA deductions due to the tax law limitations. Please note, the amount of your IRA deductions may vary. You should speak with a tax professional to determine your tax situation.
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Compare Your After-Tax Income To Other States
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- Washington, D.C.
Click on the income amounts below to see how much tax you may pay based on the filing status and state entered above.
- $ 70,500
- $ 71,000
- $ 71,500
- $ 72,000
- $ 72,500
- $ 73,000
- $ 73,500
- $ 74,000
- $ 74,500
- $ 75,000
- $ 75,500
- $ 76,000
- $ 76,500
- $ 77,000
- $ 77,500
- $ 78,000
- $ 78,500
- $ 79,000
- $ 79,500
- $ 80,000
View how much tax you may pay in other states based on the filing status and state entered above.
Texas | $ 61,613 | 0.00% | 1 |
Alaska | $ 61,613 | 0.00% | 1 |
Wyoming | $ 61,613 | 0.00% | 1 |
Nevada | $ 61,613 | 0.00% | 1 |
South Dakota | $ 61,613 | 0.00% | 1 |
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Frequently asked questions
Enter some simple questions about your situation, and TaxCaster will estimate your tax refund amount, or how much you may owe to the IRS. Our tax calculator stays up to date with the latest tax laws, so you can be confident the calculations are current. The results are only estimates however, as various other factors can impact your tax outcome. When you file with
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To lower the amount you owe, the simplest way is to adjust your tax withholdings on your W-4. Our W-4 Calculator can help you determine how to update your W-4 to get your desired tax outcome.
There are a variety of other ways you can lower your tax liability, such as:
- Taking advantage of deductions
- Making charitable contributions
- Maximizing your business expenses
Read more tips from TurboTax experts
The standard deduction is a set amount based on your filing status. Itemized deductions are ones you can claim based on your yearly expenses. It makes sense to choose whichever will yield you the greatest tax break, but if you choose to itemize deductions, you’ll need to keep track of your expenses and have receipts or documentation ready.
Read more about standard and itemized deductions
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