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To calculate your effective tax rate, you need two numbers: the total amount you paid in taxes and your taxable income for that year. You can find both numbers on your tax return.
The effective tax rate is the percent of income or pre-tax profits that an individual or a corporation pays in taxes.
Effective and marginal tax rates can both vary according to factors like how much you earn and you filing status. Find out how to calculate tax rate.
Effective tax rate is your average tax rate as a percentage of your total income. Learn how effective tax rates differ from tax brackets, also known as marginal tax rates.
A federal income tax bracket determines a taxpayer's tax rate. There are seven tax rates for the 2025 tax season: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Filing status and amount of taxable income ...
Your top marginal tax rate applies to only a fraction of your earnings. Learn the difference between your marginal rate and your overall tax percentage.
Effective and marginal tax rates can both vary according to factors like how much you earn and you filing status. Find out how to calculate tax rate.