Taxes = Federal Tax + FICA
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This calculator estimates your federal income tax and FICA (Social Security and Medicare) taxes based on your salary and filing status. Since Texas has no state income tax, only federal taxes are calculated.
The calculator uses current federal tax brackets and FICA rates:
Where:
Details: Texas has no state income tax, so only federal taxes apply. The address field is for reference only and doesn't affect calculations.
Tips: Enter your annual salary before taxes, select your filing status, and optionally enter your Texas address for reference.
Q1: Why doesn't Texas address affect the calculation?
A: Texas has no state income tax, so your address within Texas doesn't impact your tax calculation.
Q2: Are local taxes included?
A: No, this calculator only estimates federal taxes. Some Texas cities may have local taxes not included here.
Q3: How accurate is this calculator?
A: It provides a good estimate but doesn't account for all possible deductions, credits, or special circumstances.
Q4: What's the Social Security wage base limit?
A: For 2023, Social Security tax applies only to the first $147,000 of wages.
Q5: Are there additional Medicare taxes?
A: Yes, an additional 0.9% Medicare tax applies to wages over $200,000 for single filers ($250,000 for married filing jointly).