Bay Area Tax calculator
Can anybody suggest a reliable tax calculator to find in hand salary after state and federal taxes. It will be married filing jointly.
40%
It's showing 30% for 280k TC with married filing jointly
That’s your marginal rate, your effective/average rate? Federal + state?
Following... similar TC and married/no children and wondering about in hand.
https://us.thesalarycalculator.co.uk/m/ use this for all federal tax components including social security and Medicare and then for state tax used https://webapp.ftb.ca.gov/taxcalc/Calculator.aspx combined calculator https://www.taxformcalculator.com
Read in details about each component 29-30% seems right for 280k married filing jointly. If single it's close to 40%
Married filing jointly 29% tax in total
Filing as single 39% tax in total
TurboTax