SnapCalc

Tax Bracket Calculator (AU & US)

Calculate your income tax, effective tax rate, and take-home pay for Australia or the United States.

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How to Use This Tax Calculator

This calculator covers both Australian and US federal income tax, giving you an instant breakdown of what you keep and what you pay.

  • Country — select Australia or United States
  • Annual Taxable Income — your gross income before tax, or taxable income after deductions
  • Filing Status (US only) — Single, Married Filing Jointly, or Head of Household

    • Click Calculate to see your take-home pay, total tax, effective rate, and which marginal bracket you’re in.

    Understanding Your Results

  • Take-Home Pay — what lands in your bank account after income tax (and Medicare Levy for Australians)
  • Total Tax — the actual dollar amount paid in tax
  • Effective Tax Rate — your average rate across all income — almost always lower than your marginal rate
  • Marginal Rate — the rate applied to your last dollar of income

    • Marginal vs Effective Rate — A Common Confusion

    Being in the 32.5% bracket doesn’t mean you pay 32.5% on all your income. Australia’s system is progressive — you pay 0% on the first $18,200, 19% on the next slice, 32.5% on the next, and so on. Your effective rate is always lower than your marginal rate.

    Australia Notes (2024–25)

  • Brackets include the Stage 3 tax cuts effective 1 July 2024
  • Low Income Tax Offset (LITO) of up to $700 is applied automatically
  • Medicare Levy of 2% applies to most incomes above $26,000
  • Medicare Levy Surcharge (for those without private health cover) is not included

    • US Notes (2024)

  • Federal tax only — state income tax is not included
  • Standard deduction is applied automatically ($14,600 single / $29,200 married)
  • FICA (Social Security + Medicare) taxes are not included

    • Formula

    Tax = Sum of (Taxable Income in each bracket × Rate) | Effective Rate = Total Tax / Gross Income

    Frequently Asked Questions

    What is the difference between marginal and effective tax rate?

    Your marginal rate is the rate on your last dollar of income. Your effective rate is your total tax divided by total income — always lower than the marginal rate. A $90,000 income in Australia sits in the 32.5% bracket but the effective rate is around 21%.

    What are the 2024–25 Australian tax brackets?

    $0–$18,200: 0% | $18,201–$45,000: 19% | $45,001–$135,000: 32.5% | $135,001–$190,000: 37% | $190,001+: 45%. These include the Stage 3 tax cuts that took effect on 1 July 2024.

    Does this include the Medicare Levy?

    Yes — a 2% Medicare Levy is included for Australian incomes above $26,000. The Medicare Levy Surcharge (for high earners without private hospital cover) is not included as it depends on your specific health insurance situation.

    Does the US calculator include state taxes?

    No — only federal income tax is shown. State tax rates vary from 0% (Texas, Florida, Nevada) to over 13% (California). Add your state’s marginal rate to get a complete picture of your tax burden.

    How do I reduce my taxable income in Australia?

    Common strategies include salary sacrificing into superannuation (contributions taxed at 15% instead of your marginal rate), claiming eligible work-related deductions, and prepaying deductible expenses before 30 June.

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