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Tax Estimator

Tax Estimator
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2021 TAX ESTIMATOR

Use this package to figure the estimation of tax in 2021 TY.



Filing Status
Taxable Income
$
TY2021 estimated tax

$0.00



1. The tax bill will lower (many) individual rates: The bill preserves seven tax brackets, but changes the rates that apply to: 10%, 12%, 22%, 24%, 32%, 35% and 37%.

Here is how your income would apply to the new rates:

If taxable income is: Then income tax equals:
Single Individuals
Not over $9,950 10% of the taxable income
Over $9,950 but not over $40,525 $995.00 plus 12% of the excess over $9,950
Over $40,525 but not over $86,375 $4,664.00 plus 22% of the excess over $40,525
Over $86,375 but not over $164,925 $14,751.00 plus 24% of the excess over $86,375
Over $164,925 but not over $209,425 $33,603.00 plus 32% of the excess over $164,925
Over $209,425 but not over $523,600 $47,843.00 plus 35% of the excess over $209,425
Over $523,600 $157,804.25 plus 37% of the excess over $523,600
Heads of Households
Not over $14,200 10% of the taxable income
Over $14,200 but not over $54,200 $1,420 plus 12% of the excess over $14,200
Over $54,200 but not over $86,350 $6,220 plus 22% of the excess over $54,200
Over $86,350 but not over $164,900 $13,293 plus 24% of the excess over $86,350
Over $164,900 but not over $209,400 $32,145 plus 32% of the excess over $164,900
Over $209,400 but not over $523,600 $46,385 plus 35% of the excess over $209,400
Over $523,600 $156,355.00 plus 37% of the excess over $523,600
Married Individuals Filing Joint Returns and Surviving Spouses
Not over $19,900 10% of the taxable income
Over $19,900 but not over $81,050 $1,990 plus 12% of the excess over $19,900
Over $81,050 but not over $172,750 $9,328 plus 22% of the excess over $81,050
Over $172,750 but not over $329,850 $29,502 plus 24% of the excess over $172,750
Over $329,850 but not over $418,850 $67,206 plus 32% of the excess over $329,850
Over $418,850 but not over $628,300 $95,686 plus 35% of the excess over $418,850
Over $628,300 $168,993.50 plus 37% of the excess over $628,300
Married Individuals Filing Separate Returns
Not over $9,950 10% of the taxable income
Over $9,950 but not over $40,525 $995.00 plus 12% of the excess over $9,950
Over $40,525 but not over $86,375 $4,664.00 plus 22% of the excess over $40,525
Over $86,375 but not over $164,925 $14,751.00 plus 24% of the excess over $86,375
Over $164,925 but not over $209,425 $33,603.00 plus 32% of the excess over $164,925
Over $209,425 but not over $314,150 $47,843.00 plus 35% of the excess over $209,425
Over $314,150 $84,496.75 plus 37% of the excess over $314,150
Estimate My 2021 Tax Return