Calculate your net paycheck after federal income tax, state tax, Social Security, and Medicare deductions. Shows bi-weekly, monthly, and annual net pay.
Income & Deductions
$
$
%
0% for TX, FL, WA, NV, SD, etc.
💼 Pre-Tax Deductions
%
$
$
Net Pay Per Paycheck
—
—
Annual Take-Home
—
Gross Per Paycheck
—
Federal Tax
—
FICA (SS+Medicare)
—
Effective Tax Rate
—
Annual Gross Salary
—
401(k) Contribution
—
Health Insurance
—
HSA/FSA
—
Federal Taxable Income
—
Federal Income Tax
—
State Tax
—
Social Security (6.2%)
—
Medicare (1.45%)
—
Annual Net (Take-Home)
—
FAQ
How do I calculate take-home pay?
Take-home pay = Gross salary − Federal income tax − State tax − Social Security (6.2%) − Medicare (1.45%) − Pre-tax deductions (401k, health insurance). Pre-tax deductions reduce your taxable income.
How is federal income tax calculated?
Federal tax uses progressive brackets (2024): 10% on first $11,600; 12% on $11,601-$47,150; 22% on $47,151-$100,525; etc. You only pay the higher rate on income above each threshold — not on all income.
What is the Social Security wage base?
Social Security tax (6.2%) applies only to the first $168,600 of wages in 2024. Medicare (1.45%) applies on all wages (plus 0.9% surcharge above $200K). Together these are called FICA.
How do 401(k) contributions affect my paycheck?
Traditional 401(k) contributions are pre-tax — they reduce your federal taxable income immediately. A $5,000 contribution saves roughly $1,100 in federal taxes at the 22% bracket, so your net pay doesn't drop by the full contribution amount.