Paycheck Calculator
Find your take-home pay after federal income tax, Social Security, Medicare, and state taxes.
Enter Your Pay Details
Pay Breakdown
Detailed Breakdown
| Per Period | Annual | |
|---|---|---|
| Gross Pay | — | — |
| Pre-tax Deductions | — | — |
| Federal Income Tax | — | — |
| Social Security (6.2%) | — | — |
| Medicare (1.45%+) | — | — |
| State Income Tax | — | — |
| Extra Withholding | — | — |
| Total Deductions | — | — |
| Take-Home Pay | — | — |
Understanding Your Paycheck
Federal Income Tax
Calculated using 2024 IRS marginal tax brackets after subtracting your standard deduction and pre-tax contributions. Rates range from 10% to 37%.
FICA Taxes
Social Security is 6.2% on wages up to $168,600. Medicare is 1.45% on all wages, with an additional 0.9% surcharge for income above $200,000 (single).
Pre-tax Deductions
401(k), HSA, FSA, and employer health insurance premiums reduce your taxable income, lowering both federal and state taxes owed each period.
No-Tax States
AK, FL, NV, NH, SD, TN, TX, WA, and WY have no state income tax. Enter 0 in the state rate field if you live in one of these states.
Frequently Asked Questions
How is take-home pay calculated?
Take-home pay = Gross Pay − Federal Income Tax − Social Security − Medicare − State Tax − Pre-tax Deductions − Extra Withholding. This calculator uses 2024 IRS brackets and the standard deduction.
What is the 2024 standard deduction?
Single / Married Filing Separately: $14,600. Married Filing Jointly: $29,200. Head of Household: $21,900.
What are FICA taxes?
FICA includes Social Security (6.2% on wages up to $168,600) and Medicare (1.45% on all wages, plus 0.9% above $200,000 for single filers).
How do pre-tax deductions help?
Pre-tax contributions (401k, HSA, health insurance) reduce your taxable income, so you pay less in federal and state taxes — effectively increasing your take-home pay.
Is this accurate for all states?
You can enter your state's flat rate for a close estimate. Nine states have no income tax: AK, FL, NV, NH, SD, TN, TX, WA, and WY. States with progressive brackets may differ slightly.