Calculate Your Income Tax -

: Up to $2,500 in interest paid on qualified loans.

: Unreimbursed costs exceeding 7.5% of your AGI. Charitable Gifts : Donations to qualified non-profits. Step 4: Calculate Your Tax Liability 2026 Tax Brackets and Federal Income Tax Rates calculate your income tax

: Payments to a Traditional IRA or 401(k). : Up to $2,500 in interest paid on qualified loans

Start by adding up every dollar you earned throughout the year. This is your "raw" income before any reductions. : Up to $2