KLOORAPaycheck Calculator
See your take-home pay per paycheck after federal tax, Social Security, Medicare, state tax and 401(k).
How to use Paycheck Calculator
- Enter your values in the fields.
- The results update instantly as you type.
- Note or copy the numbers you need.
Features
- Instant results
- Free, no signup
- Runs in your browser, nothing is uploaded
- Works on phone and desktop
How it works
Net pay = gross pay minus pre-tax 401(k), federal income tax on the rest, FICA tax on all wages and state income tax. Dividing the yearly result by the number of paychecks gives each check.
Worked example
On 75,000 a year paid every two weeks with a 5 percent 401(k), the gross check is 2,884.62. After federal tax, FICA, a 4 percent state tax and the 401(k), take-home is roughly 2,147 per check.
Good to know
These are estimates for planning, not tax advice. Rates and limits change every year, so confirm the latest figures at irs.gov or with a tax professional.
Frequently asked questions
How is take-home pay calculated?
Gross pay minus 401(k), federal income tax, Social Security (6.2 percent), Medicare (1.45 percent) and state income tax.
What state tax rate should I enter?
Use your state effective rate. Texas, Florida, Washington, Nevada, Tennessee, South Dakota, Wyoming, Alaska and New Hampshire have no wage income tax, so enter 0.
Is a 401(k) contribution taxed?
Traditional 401(k) money lowers income tax now, but not Social Security and Medicare tax.
Does it include health insurance?
No. Subtract your premiums from the result.
Is the Paycheck Calculator free?
Yes. It is free, needs no signup and works on any device.