This project is a web-based income tax calculator designed for the 2024 tax year. It calculates federal income taxes, Michigan state income taxes, and other payroll deductions like OASDI and Medicare taxes. The application uses a simple HTML, CSS, and JavaScript stack.
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Tax Calculation:
- Federal income tax calculations based on the 2024 tax brackets.
- Michigan state income tax calculations.
- Payroll taxes, including OASDI and Medicare.
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Dynamic Form:
- Select filing year.
- Choose filing status.
- Specify the filing state.
- Input annual income for real-time calculations.
-
Responsive Design:
- Mobile and desktop-friendly layout.
- Styled with a modern UI.
-
HTML (
index.html
)- Defines the structure and layout of the tax calculator form.
-
CSS (
main.css
)- Provides styling for the form and layout.
-
JavaScript (
main.js
)- Handles form submission, input validation, and tax calculations.
-
Markdown (
2024Brackets.md
)- Contains the detailed federal tax brackets for reference.
To run this project, you need a web browser.
- Clone the repository.
- Open
index.html
in any modern web browser. - Fill out the form by:
- Selecting the filing year.
- Choosing a filing status.
- Selecting the filing state.
- Entering your annual income.
- Submit the form to view calculated taxes and deductions.
Tax Rate | Taxable Income Bracket | Tax Owed |
---|---|---|
10% | up to $11,600.00 | 10% of taxable income |
12% | $11,601.00 to $47,150.00 | $1,160.00 + 12% of the amount over $11,600.00 |
22% | $47,151.00 to $100,525.00 | $5,426.00 + 22% of the amount over $47,150.00 |
24% | $100,526.00 to $191,950.00 | $17,168.50 + 24% of the amount over $100,525.00 |
32% | $191,951.00 to $243,725.00 | $39,110.50 + 32% of the amount over $191,950.00 |
35% | $243,726.00 to $609,350.00 | $55,678.50 + 35% of the amount over $243,725.00 |
37% | $609,351.00 or more | $183,647.25 + 37% of the amount over $609,350.00 |
Tax Rate | Taxable Income Bracket | Tax Owed |
---|---|---|
10% | up to $23,200.00 | 10% of taxable income |
12% | $23,201.00 to $94,300.00 | $2,320.00 + 12% of the amount over $23,200.00 |
22% | $94,301.00 to $201,050.00 | $10,852.00 + 22% of the amount over $94,300.00 |
24% | $201,051.00 to $383,900.00 | $34,337.00 + 24% of the amount over $201,050.00 |
32% | $383,901.00 to $487,450.00 | $78,221.00 + 32% of the amount over $383,900.00 |
35% | $487,451.00 to $731,200.00 | $111,357.00 + 35% of the amount over $487,450.00 |
37% | $731,201.00 or more | $196,667.50 + 37% of the amount over $731,200.00 |
Tax Rate | Taxable Income Bracket | Tax Owed |
---|---|---|
10% | up to $11,600.00 | 10% of taxable income |
12% | $11,601.00 to $47,150.00 | $1,160.00 + 12% of the amount over $11,600.00 |
22% | $47,151.00 to $100,525.00 | $5,426.00 + 22% of the amount over $47,150.00 |
24% | $100,526.00 to $191,950.00 | $17,168.50 + 24% of the amount over $100,525.00 |
32% | $191,951.00 to $243,725.00 | $39,110.50 + 32% of the amount over $191,950.00 |
35% | $243,726.00 to $365,600.00 | $55,678.50 + 35% of the amount over $243,725.00 |
37% | $365,601.00 or more | $98,334.75 + 37% of the amount over $365,600.00 |
Tax Rate | Taxable Income Bracket | Tax Owed |
---|---|---|
10% | up to $16,550.00 | 10% of taxable income |
12% | $16,551.00 to $63,100.00 | $1,655.00 + 12% of the amount over $16,550.00 |
22% | $63,101.00 to $100,500.00 | $7,241.00 + 22% of the amount over $63,100.00 |
24% | $100,501.00 to $191,950.00 | $15,469.00 + 24% of the amount over $100,500.00 |
32% | $191,951.00 to $243,700.00 | $37,417.00 + 32% of the amount over $191,950.00 |
35% | $243,701.00 to $609,350.00 | $53,977.00 + 35% of the amount over $243,700.00 |
37% | $609,351.00 or more | $181,954.50 + 37% of the amount over $609,350.00 |
- HTML: Form structure.
- CSS: Styling and responsiveness.
- JavaScript: Logic for calculations and input validation.
This project was made with ❤️ by thejessicafelts. Contributions and improvements are welcome!