Salary Paycheck Calculator
Calculate your take-home pay after federal, state, and local taxes. This calculator helps you estimate your net pay based on your salary, pay frequency, tax withholdings, and deductions.
Pay Information
Federal Tax Information
State Tax Information
Deductions & Contributions
Paycheck Summary
Paycheck Details
| Description | Amount |
|---|---|
| Pay Frequency | Bi-Weekly |
| Pay Period Gross Pay | $0.00 |
| Federal Tax Withheld | $0.00 |
| State Tax Withheld | $0.00 |
| Social Security Tax | $0.00 |
| Medicare Tax | $0.00 |
| 401(k) Contribution | $0.00 |
| Health Insurance Premium | $0.00 |
| Pay Period Net Pay | $0.00 |
About Salary Paycheck Calculator
This salary paycheck calculator helps you estimate your take-home pay after all deductions and withholdings. It calculates federal and state income taxes, Social Security, Medicare, retirement contributions, and health insurance premiums to give you an accurate picture of your net pay.
How Paycheck Calculations Work
Your paycheck is calculated by starting with your gross pay and then subtracting various deductions:
- Federal Income Tax: Based on your filing status, allowances, and the IRS tax tables
- State Income Tax: Varies by state, with some states having no income tax
- Social Security Tax: 6.2% of your gross pay up to the annual limit
- Medicare Tax: 1.45% of your gross pay (with an additional 0.9% for high earners)
- Pre-tax Deductions: Such as 401(k) contributions and health insurance premiums
Understanding Your Paycheck
Your net pay (take-home pay) is what remains after all deductions are subtracted from your gross pay. The calculator provides both an annual summary and a breakdown for each pay period based on your selected pay frequency.
Tax Considerations
Tax withholdings can vary significantly based on your filing status, number of allowances, and additional withholding amounts. This calculator provides estimates based on current tax rates but may not account for all tax situations. For precise calculations, consult a tax professional.