Paycheck Calculator - Calculate Your Paycheck & Take Home Pay

What is a Paycheck Calculator?

A paycheck calculator (also called a paycheck tax calculator or payroll calculator) helps you estimate how much money you'll actually receive in your paycheck after all deductions. This includes:

• Federal Income Tax: Tax calculated based on your tax brackets and filing status
• State Income Tax: State tax based on your state of residence (varies by state)
• Social Security: 6.2% of your income up to $168,600 (2024)
• Medicare: 1.45% of all income, plus 0.9% surtax for high earners
• 401(k) Contributions: Pre-tax retirement contributions (if applicable)
• Other Deductions: Health insurance, dental, etc.

Our paycheck calculator helps you understand exactly how much money you'll take home each pay period.

How to Use the Paycheck Calculator

To calculate your paycheck using our paycheck calculator:

1. Enter your gross annual salary
2. Select United States as your country
3. Select your filing status (Single, Married Filing Jointly, etc.)
4. Select your state for state income tax calculation
5. Enter number of dependents (if applicable)
6. Enter 401(k) and IRA contributions (if applicable)
7. Click "Calculate" to see your paycheck breakdown

The paycheck calculator will show you:

• Your gross income
• All deductions (federal tax, state tax, Social Security, Medicare)
• Your net pay (take-home pay / paycheck amount)
• Effective tax rate
• Monthly, bi-weekly, and weekly paycheck amounts

Paycheck Calculator by State

Our paycheck calculator supports all 50 US states. Popular state-specific paycheck calculators include:

• Paycheck Calculator California: Calculate paycheck including California state tax (up to 13.3%)
• Paycheck Calculator Texas: Calculate paycheck with no state income tax
• Paycheck Calculator New York: Calculate paycheck including NY state tax and NYC local tax
• NYC Paycheck Calculator: Calculate paycheck for New York City residents
• Paycheck Calculator Florida: Calculate paycheck with no state income tax
• And more: All 50 states supported

Paycheck vs Gross Pay

Understanding the difference between your gross pay and your paycheck (net pay) is important:

• Gross Pay: Your total salary before any deductions
• Paycheck (Net Pay): Your take-home pay after all deductions

For example, if your gross salary is $60,000 per year, your paycheck (after federal tax, state tax, Social Security, and Medicare) might be around $45,000-$50,000 depending on your state and circumstances. Use our paycheck calculator to get an accurate estimate.

Hourly Paycheck Calculator

If you're paid hourly, you can still use our paycheck calculator:

• Enter your hourly rate
• Multiply by hours per week (e.g., 40 hours)
• Multiply by 52 weeks to get annual salary
• Use that annual salary in the paycheck calculator

Or use our hourly to salary calculator to convert your hourly rate to an annual salary first.

Why Use a Paycheck Calculator?

A paycheck calculator helps you:

• Budget Effectively: Know exactly how much you'll receive in each paycheck
• Plan Finances: Understand your disposable income
• Compare Job Offers: Compare paycheck amounts between different positions
• Plan for Tax: Understand your tax obligations
• Calculate Affordability: Determine what you can afford based on your paycheck
• Plan Retirement: See how 401(k) contributions affect your paycheck