Knowing the income tax rate is important if you have a salary of $85,000 per year and need to file your taxes. It can be overwhelming to figure out how much you owe, but there are helpful tools available to make it easier. For example, you can use an income tax calculator to estimate how much you'll owe in federal taxes based on your income, deductions, and credits123. Some calculators even provide a breakdown of your taxes owed, like the amount of federal income tax and state income tax2. By using these tools, you can find out how much tax you need to pay this year and plan accordingly.