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Income Tax Calculator in Usa 2015

Reviewed by Calculator Editorial Team

Use this calculator to estimate your 2015 US federal income tax liability. The calculator uses the official 2015 tax brackets and standard deduction amounts. For exact tax calculations, consult a tax professional or use official IRS forms.

How to Use This Calculator

To calculate your 2015 US federal income tax:

  1. Enter your total taxable income for the year
  2. Select your filing status (Single, Married Filing Jointly, etc.)
  3. Click "Calculate" to see your estimated tax liability

The calculator will show you:

  • Your taxable income after standard deduction
  • Your estimated federal income tax
  • A breakdown of how much tax you owe in each bracket
  • A chart showing your tax liability by bracket

Note

This calculator provides an estimate based on the 2015 tax laws. For exact tax calculations, use official IRS forms and consult a tax professional.

2015 US Federal Tax Brackets

The 2015 federal income tax rates and brackets are as follows:

Filing Status 10% Bracket 15% Bracket 25% Bracket 28% Bracket 33% Bracket 35% Bracket 39.6% Bracket
Single $0 - $9,075 $9,076 - $36,900 $36,901 - $89,350 $89,351 - $190,750 $190,751 - $413,200 $413,201 - $414,700 $414,701+
Married Filing Jointly $0 - $18,150 $18,151 - $73,800 $73,801 - $148,850 $148,851 - $226,850 $226,851 - $405,100 $405,101 - $457,600 $457,601+
Married Filing Separately $0 - $9,075 $9,076 - $36,900 $36,901 - $74,425 $74,426 - $113,425 $113,426 - $202,550 $202,551 - $228,800 $228,801+
Head of Household $0 - $12,950 $12,951 - $49,400 $49,401 - $127,550 $127,551 - $206,600 $206,601 - $405,100 $405,101 - $432,200 $432,201+
Federal Income Tax = Sum of (Taxable Income × Rate for each Bracket)

Standard Deduction

The standard deduction amounts for 2015 were:

  • Single: $6,300
  • Married Filing Jointly: $12,600
  • Married Filing Separately: $6,300
  • Head of Household: $9,300

If you claim the standard deduction, subtract this amount from your total income to determine your taxable income.

Calculating Taxable Income

Your taxable income is calculated as:

Taxable Income = Total Income - Standard Deduction - Itemized Deductions

For this calculator, we use only the standard deduction since itemized deductions vary widely and require more detailed information.

Worked Example

Let's calculate the federal income tax for a single filer with $50,000 in taxable income:

  1. Total Income: $50,000
  2. Standard Deduction: $6,300
  3. Taxable Income: $50,000 - $6,300 = $43,700
  4. Tax Calculation:
    • $9,075 × 10% = $907.50
    • ($36,900 - $9,075) × 15% = $3,821.25
    • ($43,700 - $36,900) × 25% = $1,675
  5. Total Federal Income Tax: $907.50 + $3,821.25 + $1,675 = $6,403.75

This single filer would owe approximately $6,403.75 in federal income tax for 2015.

Frequently Asked Questions

Is this calculator accurate for my exact tax situation?
This calculator provides an estimate based on the 2015 tax laws. For exact calculations, use official IRS forms and consult a tax professional.
Does this calculator include state taxes?
No, this calculator only calculates federal income tax. State taxes vary by location and require more specific information.
What if I have itemized deductions?
This calculator uses the standard deduction. If you have significant itemized deductions, you may owe less tax than shown.
Are there any deductions or credits not included in this calculator?
Yes, this calculator doesn't account for all possible deductions and credits. Common ones include the Earned Income Tax Credit, Child Tax Credit, and education credits.
When should I use this calculator?
Use this calculator for a quick estimate of your 2015 federal income tax. For exact calculations, use IRS Form 1040 and consult a tax professional.