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Office Closed for Independence Day (Observed)

July 3

The Pathway office will be closed on Friday, July 3, in observance of Independence Day as we reflect on freedom and the responsibility to build opportunity for all.

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Pathway Financial Education
1520 East 18th Street
Kansas City, MO 64108 (map)

816-569-3734

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(function () { // --- 2025 Standard Deduction (tax year 2025) --- // (These are the ones you referenced earlier for filing 2025 taxes.) const STANDARD_DEDUCTION_2025 = { single: 15750, mfj: 31500, hoh: 23625 }; // --- 2025 Federal Brackets (taxable income ranges) --- // Using the exact bracket ranges from your screenshot. const BRACKETS_2025 = { single: [ { rate: 0.10, min: 0, max: 11925 }, { rate: 0.12, min: 11925, max: 48475 }, { rate: 0.22, min: 48475, max: 103350 }, { rate: 0.24, min: 103350, max: 197300 }, { rate: 0.32, min: 197300, max: 250525 }, { rate: 0.35, min: 250525, max: 626350 }, { rate: 0.37, min: 626350, max: Infinity } ], mfj: [ { rate: 0.10, min: 0, max: 23850 }, { rate: 0.12, min: 23850, max: 96950 }, { rate: 0.22, min: 96950, max: 206700 }, { rate: 0.24, min: 206700, max: 394600 }, { rate: 0.32, min: 394600, max: 501050 }, { rate: 0.35, min: 501050, max: 751600 }, { rate: 0.37, min: 751600, max: Infinity } ], hoh: [ { rate: 0.10, min: 0, max: 17000 }, { rate: 0.12, min: 17000, max: 64850 }, { rate: 0.22, min: 64850, max: 103350 }, { rate: 0.24, min: 103350, max: 197300 }, { rate: 0.32, min: 197300, max: 250500 }, { rate: 0.35, min: 250500, max: 626350 }, { rate: 0.37, min: 626350, max: Infinity } ] }; // ---- Helpers ---- const $ = (id) => document.getElementById(id); const money = (n) => n.toLocaleString(undefined, { style: "currency", currency: "USD", maximumFractionDigits: 2 }); const pct = (n) => (n * 100).toFixed(0) + "%"; function calculateBreakdown(taxableIncome, brackets) { let totalTax = 0; const rows = []; for (const b of brackets) { if (taxableIncome <= b.min) break; const upper = Math.min(taxableIncome, b.max); const amountInBracket = Math.max(0, upper - b.min); if (amountInBracket > 0) { const taxForBracket = amountInBracket * b.rate; totalTax += taxForBracket; rows.push({ rate: b.rate, rangeLabel: `${pct(b.rate)} (${money(b.min)} to ${b.max === Infinity ? "and up" : money(b.max)})`, amount: amountInBracket, tax: taxForBracket }); } } const marginalRate = taxableIncome > 0 ? (brackets.findLast ? brackets.findLast(b => taxableIncome > b.min)?.rate : [...brackets].reverse().find(b => taxableIncome > b.min)?.rate) || 0 : 0; const effectiveRate = taxableIncome > 0 ? totalTax / taxableIncome : 0; return { rows, totalTax, marginalRate, effectiveRate }; } function render() { const status = $("filingStatus").value; const gross = Number($("grossIncome").value); const useStd = $("useStandardDeduction").checked; if (!Number.isFinite(gross) || gross < 0) { $("tableOut").innerHTML = `

Please enter a valid gross income (0 or more).

`; return; } const std = useStd ? STANDARD_DEDUCTION_2025[status] : 0; const taxable = Math.max(0, gross - std); const { rows, totalTax, marginalRate, effectiveRate } = calculateBreakdown(taxable, BRACKETS_2025[status]); $("stdDeductionLabel").textContent = money(STANDARD_DEDUCTION_2025[status]); $("taxableIncomeOut").textContent = money(taxable); $("totalTaxOut").textContent = money(totalTax); $("marginalRateOut").textContent = pct(marginalRate); $("effectiveRateOut").textContent = pct(effectiveRate); const bodyRows = rows.map(r => ` ${r.rangeLabel} ${money(r.amount)} ${money(r.tax)} `).join(""); $("tableOut").innerHTML = ` ${bodyRows || ``}
Bracket range (taxable income) Income taxed in this bracket Tax from this bracket
No taxable income falls into these brackets.
Total ${money(taxable)} ${money(totalTax)}

Note: This is federal income tax from brackets only. Real tax returns can differ because of credits (like Child Tax Credit/EITC), other deductions, self-employment tax, and state/local taxes.

`; } function init() { if (!$("taxBracketTool")) return; // not on this page $("stdDeductionLabel").textContent = money(STANDARD_DEDUCTION_2025[$("filingStatus").value]); $("calcBtn").addEventListener("click", render); $("filingStatus").addEventListener("change", () => { $("stdDeductionLabel").textContent = money(STANDARD_DEDUCTION_2025[$("filingStatus").value]); render(); }); $("useStandardDeduction").addEventListener("change", render); $("grossIncome").addEventListener("input", () => { // Optional: live update as they type (comment out if you prefer button-only) render(); }); render(); } // Run after DOM is ready if (document.readyState === "loading") { document.addEventListener("DOMContentLoaded", init); } else { init(); } })();
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