Paycheck Calculator (Take-Home Pay)
Calculate US take-home pay after federal income tax, Social Security, Medicare, and state income tax. Supports pre-tax 401(k), HSA, and health insurance.
FINANCECalculate US take-home pay after federal income tax, Social Security (6.2% on wages to $176,100), Medicare (1.45% plus 0.9% over $200k), and state income tax. Supports pre-tax 401(k), HSA, and employer health insurance.
Uses 2024-2026 IRS brackets and the standard deduction by filing status (Single, MFJ, MFS, HoH). State tax is modeled as an effective rate per state - 0% in nine no-income-tax states, with a Custom option for accuracy. Outputs gross and net per pay period (weekly, bi-weekly, semi-monthly, monthly), the annual breakdown, and the effective total tax rate.
Paycheck Calculator (Take-Home Pay)
Calculate your US take-home pay after federal income tax, Social Security (6.2%), Medicare (1.45% + 0.9% over $200k), and state income tax. Supports pre-tax 401(k), HSA, and health insurance deductions.
Annual Breakdown
Understanding Your Paycheck
Your gross pay is reduced by three big categories before it hits your bank account: pre-tax deductions (401(k), HSA, health premiums), FICA payroll taxes (6.2% Social Security on wages up to $176,100 + 1.45% Medicare on all wages, with an extra 0.9% over $200,000 single), and income taxes (federal + state).
Pre-tax deductions reduce your taxable income, so a $1,000 401(k) contribution costs you less than $1,000 in take-home pay - your effective cost depends on your marginal bracket. Roth 401(k) contributions are post-tax and do not reduce current taxable income.
Nine states have no income tax: Alaska, Florida, Nevada, New Hampshire (wages), South Dakota, Tennessee, Texas, Washington (wages), and Wyoming. California (13.3% top), Hawaii (11%), New York (10.9%), New Jersey (10.75%), and Oregon (9.9%) have the highest top marginal rates.
Estimate using 2024-2026 IRS Federal brackets. Actual paycheck depends on W-4 withholding, local taxes, post-tax deductions, garnishments, and benefits. Consult a CPA for tax planning.