Paycheck Calculator
Calculate your net take-home pay for 2024, 2025, and 2026. Supports all pay frequencies, filing statuses, and state tax estimates.
Net Take-Home Pay
$0.00
Frequently Asked Questions
- Take-home pay = Gross pay โ Federal income tax โ Social Security โ Medicare โ State tax โ Other deductions. For 2026, the Social Security wage base is $184,500. Most workers take home 70โ80% of their gross pay.
- FICA (Federal Insurance Contributions Act) consists of: Social Security (6.2% on wages up to $184,500 in 2026) and Medicare (1.45% on all wages, plus 0.9% additional Medicare tax on wages over $200,000 for singles).
- Federal withholding is calculated by annualizing your gross pay, applying the current tax year's brackets based on your filing status, then dividing by your pay periods. Brackets: 10%, 12%, 22%, 24%, 32%, 35%, and 37%.
- State tax rates vary โ from 0% (TX, FL, WA) to over 13% (CA). Enter your state's flat or effective rate in the State Tax field to see the impact on your net pay.
- Main reasons: income tax withholding, FICA taxes (7.65%), health insurance, 401(k) contributions, and HSA/FSA deductions. These are all subtracted before you receive your net pay.
- Overtime (over 40h/week) is typically 1.5ร regular rate. Formula: (Regular ร 40) + (Overtime ร Rate ร 1.5). Overtime is fully taxable income.
- A W-4 tells your employer how much federal tax to withhold. Claiming more dependents reduces withholding (more pay now, smaller refund later).
- Divide annual salary by 26. Subtract: federal tax (based on annualized income รท 26), FICA (7.65%), and state/local taxes. Use our calculator for an instant breakdown.
- ADP's calculator (and ours) estimates net take-home pay by applying current tax rates to your gross pay based on frequency and status.
- Gross pay is total compensation before deductions. Net pay is what you actually receive. The difference is usually 20โ35% of gross.