Financial ⭐ Popular

Paycheck Calculator

Calculate your take-home pay from gross salary. See federal tax, Social Security, Medicare, state tax withholdings, and voluntary deductions like 401(k), health insurance, and HSA contributions.

3 minutes Easy

How to Use This Calculator

  1. Enter your gross salary or pay amount
  2. Select your pay frequency (weekly, bi-weekly, monthly, etc.)
  3. Choose your filing status and state
  4. Add any pre-tax deductions (401k, health insurance, HSA)
  5. Click Calculate to see your take-home pay breakdown

Pay Information

$
How often you receive a paycheck

Tax Information

Pre-Tax Deductions

%
Percentage of gross pay
$
$
$

💰 Understanding Your Paycheck

Your take-home pay is your gross income minus federal taxes, state taxes, FICA (Social Security + Medicare), and pre-tax deductions. Understanding where every dollar goes helps you plan and budget effectively.

📋 FICA Taxes (2026)

  • Social Security: 6.2% on income up to $176,100
  • Medicare: 1.45% on all income + 0.9% additional on income over $200,000
  • Total FICA: 7.65% for most workers

🔗 Save & Share Your Calculation

Your inputs are automatically saved in the URL. You can bookmark this page to save your calculation, or use the Share button to send it to others.

Advertisement

If this calculator saved you time, consider supporting us!

Buy me a coffee

Frequently Asked Questions

How is my take-home pay calculated?

Take-home pay is your gross pay minus federal and state income tax withholding, Social Security (6.2%), Medicare (1.45%), and any pre-tax deductions like 401(k) and health insurance.

What's the difference between gross and net pay?

Gross pay is your salary before any deductions. Net pay (take-home) is what lands in your bank account after taxes and deductions are withheld.

How much of my paycheck goes to taxes?

It varies by income and location, but FICA alone takes 7.65% (Social Security + Medicare). Add federal and state income tax, and total withholding often ranges from about 15% to 35%.

How can I increase my take-home pay?

Adjust your W-4 withholding to match your actual tax liability, and review pre-tax deductions. Note that pre-tax 401(k) or HSA contributions lower taxable income, reducing tax even as they build savings.

Related Topics:

paychecktake-home paynet paysalarywithholdingdeductions
Advertisement