Paycheck Calculator
Calculate your net take-home pay after taxes and deductions.
Take-Home Paycheck Calculator
Paycheck Breakdown
Income & Deductions
Take-Home Pay
Tax Breakdown (Annual)
Paycheck Summary
Important Notes
- This calculator provides estimates based on 2026 federal tax rates
- Actual taxes may vary based on your specific state and local taxes
- Other deductions (dental, vision, life insurance, etc.) not included
- Tax credits and other benefits may affect your actual take-home pay
- Consult with a tax professional for accurate calculations
What Is a Paycheck Calculator?
A paycheck calculator helps you estimate your net take-home pay after all deductions are taken from your gross salary. This includes federal income tax, state taxes, Social Security (6.2%), Medicare (1.45%), and any voluntary deductions like 401(k) contributions or health insurance premiums.
Understanding your actual take-home pay is essential for budgeting, financial planning, and comparing job offers. Many people are surprised to learn that their net pay is 20-30% lower than their gross salary due to taxes and deductions.
How to Use This Paycheck Calculator
- Enter your gross annual salary or hourly wage.
- Select your pay frequency (weekly, bi-weekly, semi-monthly, or monthly).
- Choose your filing status and withholding allowances.
- Enter your state for state income tax calculation.
- Add any pre-tax deductions like 401(k) or health insurance.
- View your estimated net pay per paycheck and annually.
Understanding Your Paycheck Deductions
| Deduction Type | Typical Rate | Description |
|---|---|---|
| Federal Income Tax | 10-37% | Progressive tax based on income brackets |
| Social Security | 6.2% | Up to wage base limit ($184,500 in 2026) |
| Medicare | 1.45% | Plus 0.9% additional for income over $200K |
| State Income Tax | 0-13% | Varies by state (some states have no income tax) |
Related Calculators
Enter your salary, filing status, and deductions to estimate your actual paycheck amount.
About these results
Results are estimates for general information, based on the values you enter and the formulas explained on this page. They are not financial, tax, or legal advice. Check important decisions with a qualified professional or the official source.
Read how ToolYard works and checks its figures, or tell us about a mistake.
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