Take Home Paycheck Calculator
Calculate your net pay after federal taxes, state taxes, Social Security, Medicare, and other deductions.
Your Details
Enter your gross pay, pay frequency, filing status, and any deductions. Click Calculate to see your take-home pay and breakdown.
Take-Home Pay
$0
per paycheck
Gross Pay
$0
Bi-weekly
Net % of gross
0%
Paycheck Breakdown
Taxes
Pre-Tax Deductions
Annual Projections
Annual Gross
$0
Annual Taxes
$0
Effective Rate
0%
Annual Net
$0
Where Your Money Goes
Complete User Guide
What is the Take Home Paycheck Calculator?
This calculator estimates your net (take-home) pay per paycheck after federal income tax, state income tax, Social Security, Medicare, and your pre-tax and post-tax deductions. It uses current tax brackets and FICA limits (e.g. 2024) and lets you choose pay frequency (weekly, bi-weekly, semi-monthly, monthly, or annual) so you see results in the same period you get paid.
Key Concepts
Federal & State Tax
Withholding is estimated from tax brackets and your filing status. State rates vary (some states have no income tax).
FICA (Social Security & Medicare)
Social Security is 6.2% up to the wage base; Medicare is 1.45% (plus an additional 0.9% above a threshold). These apply to gross wages.
Pre-Tax Deductions
401(k), health insurance, HSA/FSA, etc. reduce taxable income for federal (and often state) tax but not for FICA.
How to Use
- Enter your gross pay per paycheck and select pay frequency.
- Choose filing status and state.
- Enter any pre-tax deductions (401(k), health, HSA/FSA, other) and post-tax deductions per paycheck.
- Click 'Calculate Take-Home Pay' to see net pay, breakdown, annual projections, and the chart.
Understanding Results and Charts
The hero card shows your take-home pay per paycheck. The doughnut chart shows how each paycheck is split: take-home (green), federal tax, state tax, Social Security, Medicare, and pre-tax/post-tax deductions. The bar and annual summary help you see effective tax rate and yearly totals.
Important Notes
- This is an estimate. Actual withholding depends on your W-4, state forms, and employer setup.
- Tax brackets and FICA limits are for illustration (e.g. 2024). Use current IRS and state data for exact figures.
- Pre-tax deductions reduce federal/state taxable income but not FICA in most cases.