📋 US Tax Calculator

Understand federal taxes, Social Security, Medicare, and state taxes on your earnings

💵 Income Information
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Your total salary/wages before any deductions
Standard Deduction: Loading...
Each child = $2,000 child tax credit
🏦 Pre-Tax Deductions (Tax-Advantaged Savings)
💡 Smart Move! These contributions reduce your taxable income, meaning you pay less tax NOW while saving for the future.
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Employer-sponsored retirement plan (Loading...)
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Health Savings Account (Loading...)
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Individual retirement account (Loading...)

🎓 Understanding US Taxes for Immigrants

💡 Tax Basics
  • Progressive Tax System: Higher income = higher tax rate (only on the extra income)
  • Federal Tax: National government taxes (10%-37%)
  • State Tax: State government taxes (0%-13%)
  • FICA: Social Security (6.2%) + Medicare (1.45%)
  • Tax Year: January 1 - December 31
  • Due Date: April 15 (file by this date)
🏦 Smart Tax Strategies
  • Max 401(k): Up to $23,500/year tax-deferred
  • Use HSA: Triple tax advantage (deduct, grow, spend tax-free)
  • Traditional IRA: Additional $7,500 tax deduction
  • Claim Credits: Child, education, earned income credits
  • Adjust W-4: Control withholding to avoid big refund/bill
  • Keep Records: Save all tax documents 7 years
📋 Important for Immigrants
  • SSN Required: Social Security Number for tax filing
  • ITIN Option: Individual Taxpayer ID if no SSN
  • W-2 Form: Employer gives you this in January
  • Must File: Required if you earn above threshold
  • Tax Treaties: Some countries have agreements with US
  • Build Credits: Working = earning Social Security credits
🎯 Filing Status Guide
  • Single: Unmarried, widowed, or legally separated
    Standard deduction varies by tax year
  • Married Filing Jointly: Best for most married couples
    Standard deduction is double the single amount
  • Head of Household: Unmarried + supporting dependents
    Standard deduction is higher than single filers
📞 Tax Help Resources
IRS
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