The Federal Tax Rate app determines your 2018 federal income tax rate and federal income tax amount. The federal income tax amount is calculated prior to any tax deductions and/or tax credits. It is based on your yearly income and federal tax rate. The federal tax rate is derived from 2018 federal income tax brackets established by the Internal Revenue Service (IRS).
Do you plan on working or worked extra hours?
Maybe got a second job?
Did you get a raise?
Did you get a salary bonus?
If this happened to you in 2018, you can use this app to see the effect of whether this projected extra income will push you into the next federal tax bracket and increase your federal tax rate.