To calculate your effective tax rate, you need two numbers: the total amount you paid in taxes and your taxable income for ...

Learn how to calculate income tax in retirement and optimize your tax liability. Understand retirement income sources, deductions, and tax brackets.

Calculating the precise amount you owe to the IRS takes some time. How much varies depending on where you live and work. Here's how income tax works.

To calculate marginal tax rate, apply the appropriate tax rate to the amount of taxable income you have in each of the seven income tax brackets, then total the results.

Most forms of income count as taxable — but not all. Here’s how to calculate your taxable income, and some ways to reduce your liability.

Social Security benefits can be subject to federal taxation depending on your total income, and they can bump you into a ...

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.