Paycheck / Take-Home Pay Calculator
Estimate take-home pay after federal tax, Social Security (6.2%), and Medicare (1.45%).
Supports hourly and salary with weekly, biweekly, and monthly cycles.
Paycheck tax calculation estimates your take-home pay after federal income tax, state income tax, Social Security, and Medicare are withheld. Understanding your withholdings helps you plan your budget accurately.
The Formula:
Net Pay = Gross Pay − Federal Income Tax − State Income Tax − Social Security − Medicare − Other deductions
Federal Withholding (2024 rates, single filer):
| Taxable Income (annual) | Marginal Rate |
|---|---|
| $0 – $11,600 | 10% |
| $11,601 – $47,150 | 12% |
| $47,151 – $100,525 | 22% |
| $100,526 – $191,950 | 24% |
FICA Taxes (flat rates):
- Social Security: 6.2% of gross (on first $168,600 of wages in 2024)
- Medicare: 1.45% of gross (no income limit)
Worked Example:
Biweekly paycheck, $65,000 annual salary, single, no other adjustments:
- Gross per paycheck: $65,000 / 26 = $2,500
- Social Security: $2,500 × 6.2% = $155
- Medicare: $2,500 × 1.45% = $36.25
- Federal income tax withheld ≈ $235 (based on W-4 tables)
- State tax (varies): assume 4.5% = $112.50
- Total deductions: $538.75
- Net take-home: ~$1,961.25
Practical Tips:
- Pre-tax deductions (401k, HSA, health insurance premiums) reduce your taxable income before withholding is calculated
- Claiming the correct number of allowances on Form W-4 prevents large tax bills or unnecessary over-withholding
- Self-employed workers pay both employer and employee FICA (15.3% total) — use quarterly estimated tax payments
- State rates vary from 0% (Texas, Florida) to over 13% (California)
How we build and check this calculator
This calculator runs entirely in your browser, so the numbers you enter stay on your device. The math behind it is written by hand and tested against worked examples and standard references before the page goes live.
SuperGlobalCalculator is independently built and maintained. See how we build and verify our calculators.