Paycheck Calculator
Free paycheck calculator to estimate your net take-home pay after federal, state, and local taxes, FICA, 401k, and other deductions.
Related Calculators
You might also find these calculators useful
Know Exactly What You'll Take Home
Wondering how much of your paycheck you'll actually receive? Our calculator computes federal income tax, Social Security, Medicare, state and local taxes, plus pre-tax and post-tax deductions to show your exact take-home pay.
Understanding Paycheck Deductions
Your gross pay is reduced by mandatory taxes (federal, state, local, FICA) and voluntary deductions (401k, health insurance). Understanding these deductions helps you plan your budget and optimize tax-advantaged savings.
Net Pay Formula
Net Pay = Gross - Federal Tax - FICA - State Tax - Local Tax - DeductionsHow to Use the Paycheck Calculator
Common Use Cases
Budgeting
Plan monthly expenses based on actual take-home pay.
Job Comparison
Compare net pay between job offers in different states.
Tax Planning
Optimize deductions and withholding for tax efficiency.
Frequently Asked Questions
FICA includes Social Security (6.2% up to $168,600 in 2024) and Medicare (1.45% on all earnings, plus 0.9% above $200,000). Total FICA is typically 7.65% of gross pay.