United States

✓ VerifiedLast verified: 4 Nov 2026Starter coverage

Tax authority: Internal Revenue Service (IRS). Tax year is the calendar year (1 January to 31 December).

Main taxes

Federal income tax
Seven rates from 10% to 37% on taxable income after the standard deduction ($16,100 single, $32,200 married filing jointly for 2026). Filed on Form 1040.
Social Security and Medicare (FICA)
Employees pay 6.2% Social Security on wages up to $184,500 (2026) and 1.45% Medicare, and employers match. Self-employed people pay 15.3% self-employment tax.
State and local taxes
Most states charge their own income tax and sales tax at different rates. There is no federal sales tax or VAT. Check your state's revenue department.

Base

Rates as of 2026-11-03 · Source: European Central Bank reference rates. Indicative rates for reference only, not for transactions. Converter →