Salary & Paycheck Calculator
Calculate your net take-home pay, federal & state taxes, FICA deductions, and hourly wage breakdown.
GetCalcu Methodology & Editorial Standards
Every calculation formula on GetCalcu is peer-reviewed against official industry standards (CFPB, IRS Title 26, NIST, ISO 80000, and CDC guidelines).
How to Calculate Your Net Paycheck and Understand Tax Withholding
Your gross salary represents total earnings before federal income tax, state income tax, Social Security, Medicare, and voluntary pre-tax deductions (like 401k and healthcare).
FICA Taxes Explained
FICA consists of Social Security (6.2% on earnings up to the annual wage cap) and Medicare (1.45% on all earnings, plus an additional 0.9% for high earners).
Pre-Tax Deductions Save You Money
Contributing to traditional 401(k) accounts, HSAs, and pre-tax health insurance reduces your taxable income, lowering the amount of federal and state taxes withheld from each paycheck.
How to Use the Salary & Paycheck Calculator
- Step 1: Enter your gross income and select your pay frequency (annual, monthly, biweekly, or hourly).
- Step 2: Select your tax filing status (Single, Married, or Head of Household).
- Step 3: Set your state tax rate or leave at the 5% national average.
- Step 4: Add optional pre-tax retirement or health insurance deductions.
- Step 5: Review your net take-home pay and complete tax breakdown.
Real-World Worked Examples
$75,000 Single Filer
Input: Salary: $75k, Filing: Single, 5% State Tax, $4k 401k
Result: Net Pay: ~$4,650/mo | $2,146 biweekly | 22.4% Effective Tax
$120,000 Married Filer
Input: Salary: $120k, Filing: Married, 5% State Tax
Result: Net Pay: ~$7,490/mo | $3,457 biweekly | 21.8% Effective Tax
Frequently Asked Questions
What is the difference between gross pay and net pay?
Gross pay is the total amount earned before any deductions or taxes. Net pay (take-home pay) is the remaining money deposited into your bank account after all taxes and deductions.
How does filing status affect paycheck withholding?
Filing status determines your standard deduction and income tax brackets. Married couples filing jointly have wider tax brackets, typically lowering tax withholding compared to single filers.
How much are FICA taxes?
FICA taxes equal 7.65% for employees (6.2% Social Security + 1.45% Medicare). Employers match an identical 7.65%.