Retirement Income Tax Calculator

Filing Status

State Tax (estimate)

Rate override %

For graduated states, your effective rate in retirement is often lower than the top bracket shown.

Income Sources

Ordinary Income

401(k)/IRA withdrawals, wages, pension

$0$300k

Social Security Benefits

Annual gross SS benefit received

$0$60k

Qualified Dividends

Qualified dividends from brokerage accounts

$0$100k

Long-Term Capital Gains

LTCG from asset sales held >1 year

$0$200k

Age

Age in 2026

0100

Notes

This estimator uses 2026 tax brackets and standard deductions. It does not account for state taxes, AMT, itemized deductions, or credits. Qualified dividends and LTCG share favorable rates but may be subject to the 3.8% Net Investment Income Tax (NIIT) above certain thresholds. Medicare Part B/D IRMAA surcharges apply based on MAGI from 2 years prior.

Total Gross Income

$107,000

All sources combined

Federal Income Tax

—

Effective rate: —

Medicare IRMAA

—

Part B + Part D surcharge

After-Tax Income

—

Take-home estimate

Taxable Income Composition

Ordinary income —

Taxable SS (0–85%) how is this calculated? ↗ —

Qualified dividends —

Long-term cap gains —

Standard deduction —

Taxable income (AGI net) —

Social Security Taxability

—% of SS is taxable

Based on your combined income (provisional income)

Tax Liability Detail

Ordinary income tax —

Tax on taxable SS —

Qualified div. tax rate —

Tax on qualified dividends —

LTCG tax rate —

Tax on long-term cap gains —

NIIT (3.8% if applicable) —

Total federal tax —

State tax (estimate) —

Medicare IRMAA (2026)

Based on current-year MAGI — Part B standard is $185.00/mo

Prior MAGI override (N−2) iIRMAA is based on your MAGI from 2 years prior. If your income recently changed (e.g. just retired), enter your actual prior-year MAGI here for an accurate surcharge.

Part B monthly premium —

Part D monthly surcharge —

Annual Medicare cost —

⚠ Your MAGI exceeds the IRMAA threshold. Medicare surcharges apply — consider tax-planning strategies to stay below this bracket.

Marginal Bracket Waterfall

⚠ Estimates only — not financial advice ▶

Results are estimates based on inputs you provide. Actual results will vary based on tax law changes and other factors. This is not financial advice. Consult a qualified financial advisor or tax professional. Full disclaimer →