Finance calculators

Paycheck Calculator

Updated Jun 1, 2026 By Jehan Wadia
Calculation Mode
Reverse mode works backward from a target take-home amount to estimate the required gross pay.
Pay Type & Earnings


Leave blank to auto-calculate from earnings above.
Used for Social Security wage base cap.
Pay Schedule
Personal & Filing Information
Qualifying children & other dependents.

Deductions (per pay period)
Pre-Tax Deductions
Post-Tax Deductions

Your Estimated Bi-Weekly Paycheck

Net Take-Home Pay
$0
per pay period
Gross Pay
$0
Total Taxes
$0
Total Deductions
$0
Effective Tax Rate
0%
Annual Net (est.)
$0
Annual Gross (est.)
$0
Paycheck Breakdown
Gross Pay$0
Pre-Tax Deductions$0
Taxable Wages (Federal/State)$0
Federal Income Tax$0
Social Security (6.2%)$0
Medicare (1.45%)$0
State Income Tax$0
Local Tax$0
Post-Tax Deductions$0
Net Pay$0
Where Your Money Goes
Pay Period Comparison
Period Gross Taxes Deductions Net Pay

Introduction

This free paycheck calculator helps you figure out how much money you will take home after taxes and deductions. Just enter your hourly wage or yearly salary, pick your state, and choose how often you get paid. The tool does the rest. It calculates federal income tax, Social Security, Medicare, state income tax, and local taxes for you. It also accounts for pre-tax deductions like 401(k) contributions and health insurance, plus post-tax deductions like Roth 401(k) and garnishments.

You can use the calculator in two ways. The default mode starts with your gross pay and shows your net take-home amount. The reverse mode lets you enter the net pay you want and works backward to find the gross pay you need to earn. Both modes give you a full breakdown of every tax and deduction, a pie chart that shows where your money goes, and a comparison table across different pay periods like weekly, bi-weekly, and monthly.

Whether you are starting a new job, negotiating a raise, or planning your budget, this paycheck calculator gives you a clear picture of your actual earnings. All calculations use 2024 federal tax brackets and current FICA rates so your estimate stays accurate and up to date.

How to Use Our Paycheck Calculator

Enter your pay details below to see how much money you take home after taxes and deductions. The calculator shows your net pay, tax breakdown, and a comparison across different pay periods.

Calculation Mode: Pick whether you want to find your net pay from a gross amount, or find the gross pay needed to reach a desired take-home amount.

Desired Net Pay: If you chose the reverse mode, type in the take-home pay amount you want per pay period.

Pay Type: Choose "Hourly" if you are paid by the hour or "Salary" if you earn a fixed yearly amount. If you need to convert between the two, try our hourly to salary calculator or salary to hourly calculator.

Hourly Rate and Hours: Enter your hourly wage and the number of hours you work each pay period. You can add up to three different rates if you earn different wages for different jobs or shifts. Use our hourly rate calculator if you need to determine your rate.

Annual Salary: If you chose salary mode, enter your total yearly pay before taxes. Our salary calculator can help you estimate your annual compensation.

Include Overtime: Check this box if you work overtime. Then enter your overtime hourly rate and the number of overtime hours per pay period. You can also use our dedicated overtime calculator to estimate overtime earnings separately.

Gross Pay Override: If you already know your exact gross pay for the period, type it here. This will skip the hourly or salary calculation.

Gross Pay YTD: Enter how much gross pay you have earned so far this year. This is used to check if you have hit the Social Security wage cap.

Pay Frequency: Select how often you get paid, such as weekly, bi-weekly, or monthly. For frequency-specific estimates, check out our biweekly paycheck calculator or weekly pay calculator.

Pay Period Ending Date: Enter the last date of your current pay period. This field is optional.

Pay Date: Enter the date you will receive this paycheck. This field is optional.

Check Number: Enter your check number if you want to keep track of it. This field is optional.

Employee Name: Type your name for your own records. This field is optional.

State: Select the state where you work. This sets the state income tax rate used in the calculation. For California residents, we also offer a dedicated California paycheck calculator with state-specific details.

Federal Filing Status: Choose your tax filing status, such as Single, Married Filing Jointly, Married Filing Separately, or Head of Household. Your filing status determines your tax bracket and standard deduction.

Use Pre-2020 (Legacy) W-4 Format: Turn this on if your W-4 form is from before 2020 and uses allowances instead of the newer format.

Number of Dependents: Enter how many qualifying children or other dependents you claim on your W-4. Each dependent reduces your federal tax.

Other Income (Step 4a): Enter any extra annual income you listed on Step 4a of your W-4, such as interest or side job earnings. If you have self-employment income, our self-employment tax calculator can help estimate those taxes separately.

Deductions (Step 4b): Enter any extra annual deductions you listed on Step 4b of your W-4, beyond the standard deduction.

Additional Federal Withholding: Enter any extra dollar amount you want taken out of each paycheck for federal taxes.

Federal Allowances: If you use the legacy W-4, enter the number of allowances you claimed. More allowances means less tax withheld.

State Filing Status: Choose your filing status for state tax purposes.

State Allowances: Enter the number of allowances you claim on your state tax form.

Local / City Tax Rate: Enter your local or city income tax rate as a percentage. Set this to zero if your area has no local tax.

401(k) / 403(b): Enter how much you contribute to a traditional 401(k) or 403(b) each pay period. This is taken out before income taxes.

Health Insurance: Enter your per-period health insurance premium that is deducted pre-tax from your paycheck.

HSA / FSA: Enter your per-period contribution to a Health Savings Account or Flexible Spending Account. Our HSA calculator can help you plan your contributions.

Other Pre-Tax: Enter any other pre-tax deductions not listed above, such as transit benefits or dependent care.

Roth 401(k): Enter your per-period Roth 401(k) contribution. This is taken out after taxes. If you are considering a Roth IRA instead, see our Roth IRA calculator.

Garnishments: Enter any court-ordered wage garnishments deducted from your paycheck each period.

Other Post-Tax: Enter any other post-tax deductions, such as union dues or voluntary life insurance.

Calculate Button: Press this button to run the paycheck calculation and see your results.

Reset Button: Press this button to clear all fields and return the calculator to its default settings.

What Is a Paycheck Calculator?

A paycheck calculator helps you figure out how much money you actually take home after taxes and deductions are removed from your pay. Your employer pays you a gross amount, but that is not what lands in your bank account. Federal income tax, Social Security tax, Medicare tax, and state income tax all get taken out first. If you have benefits like health insurance or a 401(k) retirement plan, those amounts come out too. What is left after all of that is your net pay, also called take-home pay.

How Paycheck Taxes Work

Every worker in the United States pays federal income tax. The amount depends on how much you earn and your filing status, such as single or married filing jointly. The government uses tax brackets, which means different portions of your income get taxed at different rates. On top of federal tax, most states charge their own income tax. A few states like Texas, Florida, and Nevada have no state income tax at all.

You also pay FICA taxes on every paycheck. FICA stands for the Federal Insurance Contributions Act. It includes Social Security tax at 6.2% of your wages and Medicare tax at 1.45%. Social Security tax stops once your yearly earnings reach $168,600 in 2024. Your employer pays the same amounts on their side, so you never see that cost on your pay stub. You can use our payroll tax calculator to see the full employer and employee tax picture.

Pre-Tax vs. Post-Tax Deductions

Pre-tax deductions lower your taxable income before taxes are calculated. Common examples are 401(k) contributions, health insurance premiums, and HSA or FSA contributions. Because these come out first, you pay less in taxes. Post-tax deductions, like Roth 401(k) contributions or wage garnishments, come out after taxes are calculated, so they do not reduce your tax bill.

Gross Pay vs. Net Pay

Gross pay is the full amount you earn before anything is taken out. Net pay is what you actually receive. The difference between the two can be surprising. For many workers, taxes and deductions remove 25% to 35% of their gross pay. Knowing your net pay helps you build a realistic budget and plan your spending. To get a broader view of your finances, try our annual income calculator to see your total yearly earnings, or use our net worth calculator to understand your complete financial picture. If you receive a bonus, our bonus tax calculator can show you how much of that extra pay you will actually keep.


Frequently asked questions

Why is my net pay so much lower than my gross pay?

Your gross pay gets reduced by federal income tax, Social Security tax (6.2%), Medicare tax (1.45%), and state income tax before you receive it. If you also have deductions like health insurance or 401(k) contributions, those come out too. It is normal for 25% to 35% of your gross pay to go toward taxes and deductions.

What is the difference between the two calculation modes?

The default mode takes your gross pay and calculates your net take-home pay. The reverse mode does the opposite. You enter the net pay you want to receive, and the calculator figures out how much gross pay you need to earn to reach that amount after all taxes and deductions.

Does this calculator work for all 50 states?

Yes. The calculator includes all 50 states, Washington D.C., and Puerto Rico. Each state has its own income tax rate built in. States like Texas, Florida, and Nevada have a 0% rate because they do not charge state income tax.

What is the Social Security wage cap and how does it affect my paycheck?

In 2024, you only pay the 6.2% Social Security tax on the first $168,600 you earn in a year. Once your total yearly earnings pass that amount, Social Security tax stops being taken from your paycheck. Enter your year-to-date gross pay in the calculator so it can apply this cap correctly.

What should I enter for Gross Pay YTD?

Enter the total gross pay you have earned so far this calendar year before this paycheck. You can find this number on your most recent pay stub. The calculator uses it to determine if you have reached the Social Security wage cap.

Should I use the legacy W-4 or the modern W-4 format?

If you filled out your W-4 form in 2020 or later, use the modern format. It asks about dependents, other income, and extra deductions. If your W-4 is from before 2020 and lists allowances, turn on the legacy W-4 option instead.

How do dependents reduce my federal tax?

Each dependent you claim gives you a $2,000 tax credit per year. This credit is subtracted directly from the federal tax you owe, which means more money stays in your paycheck. Enter the number of qualifying children and other dependents on your W-4.

What counts as a pre-tax deduction?

Pre-tax deductions include traditional 401(k) or 403(b) contributions, health insurance premiums, HSA contributions, and FSA contributions. These amounts are subtracted from your pay before income taxes are calculated, so they lower the amount of tax you owe.

Does a 401(k) contribution reduce my Social Security and Medicare taxes?

No. Traditional 401(k) contributions reduce your federal and state income tax, but they do not reduce your Social Security or Medicare (FICA) taxes. Only Section 125 deductions like health insurance and HSA/FSA contributions are exempt from FICA taxes.

What is the Gross Pay Override field for?

Use it when you already know your exact gross pay for the pay period. When you enter a number there, the calculator skips the hourly or salary calculation and uses your number instead. Leave it blank if you want the calculator to figure out your gross pay from your hourly rate or salary.

Why do my results change when I switch pay frequency?

Different pay frequencies split your annual income into different sized paychecks. A weekly paycheck is smaller than a monthly one but you get more of them. Tax withholding per check also changes because the calculator annualizes your income, applies the tax brackets, then divides back by the number of pay periods.

What is the local or city tax field?

Some cities and counties charge their own income tax on top of federal and state taxes. For example, New York City and some cities in Ohio have local income taxes. Enter that tax rate as a percentage. If your area does not have a local tax, leave it at zero.

Can I add multiple hourly rates?

Yes. You can add up to three different hourly rates. This is helpful if you work different shifts or hold multiple positions that pay different amounts. Each rate has its own hours field so the calculator can total your earnings correctly.

How is overtime pay calculated?

Check the "Include Overtime" box, then enter your overtime hourly rate and the number of overtime hours per pay period. The calculator adds overtime earnings to your regular earnings to get your total gross pay. You set the overtime rate yourself since it may vary by employer.

What does the Pay Period Comparison table show?

It shows your gross pay, taxes, deductions, and net pay broken down across five common pay frequencies: weekly, bi-weekly, semi-monthly, monthly, and annually. This helps you see how the same annual salary looks in different sized paychecks.

Are these results exact or estimates?

These are estimates. The calculator uses 2024 federal tax brackets and simplified flat state tax rates. Your actual paycheck may differ slightly based on your specific state tax brackets, local rules, additional withholdings your employer applies, or mid-year changes to your income.

What is the effective tax rate shown in the results?

Your effective tax rate is the total amount of taxes divided by your gross pay, shown as a percentage. It tells you what share of your paycheck goes to all taxes combined. This is usually lower than your marginal tax bracket because only part of your income is taxed at the highest rate.

What does Step 4a (Other Income) on the W-4 mean?

Step 4a is for annual income you earn outside of this job that is not already having taxes withheld. Examples include interest, dividends, or side job income. Entering this amount tells your employer to withhold extra tax so you do not owe a big amount when you file your return.

What does Step 4b (Deductions) on the W-4 mean?

Step 4b is for deductions you expect to claim beyond the standard deduction when you file your tax return. Examples include mortgage interest or large charitable donations. Entering this amount reduces your withholding because you expect to owe less tax at the end of the year.

Can I use this calculator if I am a salaried employee?

Yes. Switch the pay type to "Salary" and enter your annual salary. The calculator divides your salary by the number of pay periods to get your gross pay per check, then calculates all taxes and deductions from there.