Paycheck Calculator

Calculate your take-home pay after taxes and deductions from your gross salary. See a detailed breakdown of income tax, social security, and net pay for free.

Enter your gross annual salary before taxes

Filing Status

How to Use

  1. Enter salary info

    Input your gross salary (before tax) and pay frequency (monthly, bi-weekly, etc.).

  2. Set deductions

    Configure tax filing status, allowances, and any pre-tax deductions.

  3. View results

    See a detailed breakdown of each deduction and your net take-home pay.

What is Paycheck Tax?

Paycheck tax is the collective term for the taxes withheld from the wages (paycheck) a worker receives in the United States. It is broadly divided into Federal Income Tax and FICA (Social Security and Medicare taxes), with state income tax added depending on the state.

This calculator subtracts the standard deduction from your annual salary (pre-tax gross pay) to get taxable income, applies the 7-bracket progressive rates to determine federal income tax, and charges FICA on the full wage to compute your take-home pay. By switching the pay frequency between annual, monthly, bi-weekly, and weekly, you can see the amount you actually receive each pay period and your effective tax rate, which is useful for comparing real income during salary negotiations or a job change.

Calculation Formula

Taxable Income = Salary − Standard Deduction, Federal Income Tax = Σ(Taxable Amount per Bracket × Bracket Rate), FICA = Social Security (6.2%, $168,600 cap) + Medicare (1.45%), Take-Home Pay = Salary − (Federal Income Tax + FICA)

Example — Single, salary $75,000: Taxable income = 75,000 − 14,600 = $60,400. Federal income tax = 11,600×10% + 35,550×12% + 13,250×22% = $8,341. FICA = 4,650 + 1,087.50. Take-home pay = 75,000 − 14,078.50 = $60,921.50, effective tax rate 18.77%.

Frequently Asked Questions

What are the U.S. federal income tax brackets?
As of 2024, U.S. federal income tax is divided into 7 brackets (10%, 12%, 22%, 24%, 32%, 35%, 37%). Each bracket's rate is applied progressively to taxable income (gross pay − standard deduction). For example, for a Single filer, the first $11,600 is taxed at 10%, and the $11,600–$47,150 range at 12%.
What is FICA?
FICA (Federal Insurance Contributions Act) is the federal payroll tax combining Social Security (6.2%) and Medicare (1.45%). Social Security is levied only on income up to $168,600 per year, while Medicare applies to all income.
What is the Standard Deduction?
The standard deduction is an amount automatically subtracted from gross income when calculating taxable income. As of 2024, it is $14,600 for Single filers and $29,200 for Married Filing Jointly. You may choose itemized deductions instead if they are larger.
How is the effective tax rate calculated?
The effective tax rate is the ratio of total taxes paid (federal income tax + Social Security + Medicare) to annual gross pay. Unlike the marginal rate of the top bracket, it shows the average share of income that actually goes to taxes.
When is the Additional Medicare Tax charged?
When annual income exceeds $200,000, an additional Medicare tax of 0.9% is charged on the excess. In other words, 1.45% applies up to $200,000, and 2.35% (1.45% + 0.9%) on amounts above that.
Is there a cap on Social Security tax?
Yes. As of 2024, Social Security tax of 6.2% applies only to income up to $168,600 per year (the wage base limit). No further Social Security tax is added on income above this cap, so the higher the income, the lower the effective Social Security burden.
What is take-home pay?
Take-home pay is the amount you actually receive after deducting federal income tax and FICA from your salary. Dividing it by the pay frequency (annual, monthly, bi-weekly, or weekly) gives you the actual pay you receive each time.
Does this calculator include state tax?
Currently this calculator computes only federal income tax and FICA. State tax must be checked separately because rates and brackets vary by state, and some states such as Texas, Florida, and Washington have no state income tax at all.
Updated 2026 — latest rates

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