finance calculator

Take-Home Paycheck Calculator

Estimate your net take-home pay per paycheck after 2026 federal tax brackets, FICA, state tax, and pre-tax deductions like 401(k) contributions.

Take-home pay is gross pay minus federal income tax, FICA (7.65% for Social Security and Medicare), state tax, and any pre-tax deductions like 401(k) contributions or health premiums. Federal tax is progressive using 2026 IRS brackets (10%–37%) and the 2026 standard deduction. A $75,000 single filer with a $4,500 pre-tax deduction and 4.5% state tax nets about $54,910 a year, or roughly $2,112 per biweekly paycheck.

Formula Verified by Dr. Elizabeth Vance, PhD

Quick actions: Save inputs, view saved runs, print, share, or export results

Saved Runs

Inputs

Gross annual salary$

Pre-tax deductions (annual)$

Estimated state tax rate%

Pay frequency

Filing status

Results

Net pay per paycheck

$2,111.92

Net annual income$54,910

Federal tax$6,680

FICA (Social Security + Medicare)$5,738

State tax (estimated)$3,173

Effective tax rate20.8%

Tip

Save this page and re-run it whenever your salary, deductions, or filing status changes.

Formula

Take-home pay formula

Net Pay = Gross Salary − Federal Tax − FICA − State Tax − Pre-Tax Deductions

Federal tax is calculated using progressive 2026 IRS brackets and the 2026 standard deduction. FICA is 6.2% Social Security (up to the 2026 wage base of $184,500) plus 1.45% Medicare, with an extra 0.9% Medicare surtax above $200,000 (single) or $250,000 (married filing jointly).

Step by step

How the calculation works

1Enter gross annual salary and how often you get paid.
2Choose filing status — this determines your standard deduction and federal tax brackets.
3Enter annual pre-tax deductions such as 401(k) contributions or health insurance premiums.
4Enter your estimated state income tax rate (this varies by state — see the notes below).

Example

Take-home pay example

A single filer earning $75,000 with $4,500 in pre-tax deductions and a 4.5% state tax rate nets about $54,910 a year — roughly $2,112 per biweekly paycheck, an effective tax rate of about 20.8%.

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finance calculator

Take-Home Paycheck Calculator

Estimate your net take-home pay per paycheck after 2026 federal tax brackets, FICA, state tax, and pre-tax deductions like 401(k) contributions.

Formula Verified by Dr. Elizabeth Vance, PhD

Quick actions: Save inputs, view saved runs, print, share, or export results

Saved Runs

Inputs

Gross annual salary$

Pre-tax deductions (annual)$

Estimated state tax rate%

Pay frequency

Filing status

Results

Net pay per paycheck

$2,111.92

Net annual income$54,910

Federal tax$6,680

FICA (Social Security + Medicare)$5,738

State tax (estimated)$3,173

Effective tax rate20.8%

Tip

Save this page and re-run it whenever your salary, deductions, or filing status changes.

Summary

Key output metrics

Net pay / paycheck

$2,111.92

Take-home pay for each pay period.

Net annual income

$54,910

Gross salary minus all taxes and pre-tax deductions.

Total tax

$15,590

Federal + state + FICA combined.

Effective tax rate

20.8%

Total tax ÷ gross salary.

D3 visualization

Where each paycheck dollar goes

Gross pay split between take-home pay and taxes.

Guide

How to understand and use this calculator

Quick Answer: How Take-Home Pay Is Calculated

Take-home pay is your gross salary minus federal income tax, FICA (Social Security and Medicare), state income tax, and any pre-tax deductions like 401(k) contributions or health insurance premiums. Federal tax is calculated progressively — each tax bracket applies only to the income within it — using the 2026 IRS brackets and the 2026 standard deduction.

A single filer earning $75,000 a year, with $4,500 in pre-tax deductions and a 4.5% state tax rate, nets about $54,910 a year after tax — roughly $2,112 every two weeks on a biweekly pay schedule, an effective tax rate of about 20.8%.

How to Use This Calculator

Enter your gross annual salary, how often you're paid, your filing status, your annual pre-tax deductions (401(k), health premiums, HSA/FSA contributions), and your estimated state income tax rate. State tax rates vary enormously — from 0% in states with no income tax to over 13% at the top bracket in the highest-tax states — so enter your own state's effective rate rather than relying on a national average.

The calculator computes federal tax progressively across the 2026 brackets after subtracting the standard deduction and your pre-tax deductions, adds FICA (calculated on gross wages), applies your state rate to the same reduced taxable base, and divides the result by your number of pay periods.

The Formula This Calculator Uses

$$\text{Federal Taxable Income} = \text{Gross Salary} - \text{Pre-Tax Deductions} - \text{Standard Deduction}$$

$$\text{Federal Tax} = \sum \text{(income in each 2026 bracket} × \text{that bracket's rate)}$$

$$\text{FICA} = \min(\text{Gross Salary}, \$184{,}500) × 6.2\% + \text{Gross Salary} × 1.45\%$$

$$\text{State Tax} = (\text{Gross Salary} - \text{Pre-Tax Deductions}) × \text{State Rate}$$

$$\text{Net Pay} = \text{Gross Salary} - \text{Federal Tax} - \text{FICA} - \text{State Tax} - \text{Pre-Tax Deductions}$$

Source for the 2026 federal brackets, the $16,100 single / $32,200 married-filing-jointly standard deduction, and the $184,500 Social Security wage base: IRS Revenue Procedure 2025-32 (tax year 2026, filed in 2027), as summarized by the Tax Foundation.

Worked Example: Single Filer, $75,000 Salary

$75,000 gross annual salary, single filer, $4,500 in annual pre-tax deductions, biweekly pay (26 periods a year), and a 4.5% state tax rate.

Federal taxable income: $75,000 − $4,500 − $16,100 (2026 single standard deduction) = $54,400.

Federal tax (2026 single brackets, progressive): $6,680.

FICA: 6.2% Social Security on the full $75,000 (well under the $184,500 wage base) = $4,650, plus 1.45% Medicare = $1,087.50, for $5,737.50 total.

State tax: ($75,000 − $4,500) × 4.5% = $3,172.50.

Total tax: $6,680 + $5,737.50 + $3,172.50 = $15,590. Net annual income: $75,000 − $15,590 − $4,500 = $54,910.

Net per biweekly paycheck: $54,910 ÷ 26 ≈ $2,111.92. Effective tax rate: $15,590 ÷ $75,000 ≈ 20.8%.

Second Worked Example: Married Filing Jointly, $140,000 Salary

$140,000 gross annual salary, married filing jointly, $12,000 in annual pre-tax deductions (401(k) plus health premiums), monthly pay (12 periods a year), and a 0% state tax rate (a no-income-tax state).

Federal taxable income: $140,000 − $12,000 − $32,200 (2026 MFJ standard deduction) = $95,800.

Federal tax (2026 married-filing-jointly brackets, progressive): $11,000.

FICA: 6.2% × $140,000 = $8,680, plus 1.45% × $140,000 = $2,030, for $10,710 total.

State tax: $0.

Total tax: $11,000 + $10,710 + $0 = $21,710. Net annual income: $140,000 − $21,710 − $12,000 = $106,290.

Net per monthly paycheck: $106,290 ÷ 12 = $8,857.50. Effective tax rate: $21,710 ÷ $140,000 ≈ 15.5% — lower than the first example despite higher income, mainly because this scenario has no state tax and a larger married-filer standard deduction.

Why State Tax Is an Estimate, Not a Precise Calculation

This calculator asks for a single state tax rate rather than modeling all 50 states' actual bracket structures, credits, and local taxes. Nine states (as of the 2026 tax year) levy no state income tax at all; several use a single flat rate; and the rest use their own progressive brackets that don't match the federal structure. Treat the state tax figure here as a reasonable estimate using the rate you enter, not a state-specific calculation — check your own state's tax agency for exact brackets, or consult a tax professional if the estimate needs to be precise (for a mortgage application, for example).

What Doesn't Reduce FICA Wages

This calculator applies your entered pre-tax deductions to reduce federal and state taxable income, which is accurate for typical 401(k) and traditional retirement contributions. It does not separately reduce the FICA (Social Security and Medicare) wage base for any portion of those deductions, which is a reasonable simplification for most 401(k)-style contributions — those do count as FICA wages. Certain cafeteria-plan deductions, like some employer health insurance premiums paid through a Section 125 plan, do also reduce FICA wages in reality, a nuance this simplified calculator doesn't separate out. For most salaried employees contributing to a standard 401(k), the estimate here will be close; for a paycheck-exact figure, check your actual pay stub.

Why Tax Year Matters

This calculator uses 2026 tax year figures — the brackets, standard deduction, and Social Security wage base that apply to income earned in 2026 (filed in early 2027). Tax brackets, the standard deduction, and the Social Security wage base are adjusted for inflation every year, so a calculator using outdated figures will misstate your take-home pay, especially near bracket boundaries. If you're estimating a different tax year, confirm you're using that year's actual IRS figures rather than reusing this year's numbers.

Related Calculators

Convert this same salary to an hourly rate with the hourly to salary calculator, or start from an hourly wage using the salary calculator. For a deeper look at your federal tax liability alone, see the income tax calculator, and if part of your income includes overtime, model it separately with the overtime pay calculator.

Related concepts

Standard deduction

A fixed amount subtracted from gross income before calculating federal tax — $16,100 for single filers and $32,200 for married filing jointly in 2026.

FICA

Federal Insurance Contributions Act taxes — Social Security (6.2%, capped at the annual wage base) and Medicare (1.45%, uncapped).

Progressive tax bracket

A tax system where each bracket's rate applies only to income within that bracket, not to all income — the reason effective and marginal tax rates differ.

Pre-tax deduction

Money deducted from gross pay before taxes are calculated, such as traditional 401(k) contributions or certain health insurance premiums.

Frequently Asked Questions

What tax year does this calculator use?+

Tax year 2026 — the federal brackets, standard deduction, and Social Security wage base that apply to income earned in 2026, per IRS Revenue Procedure 2025-32. Figures change annually with inflation adjustments.

Why is my state tax just an estimate?+

State income tax rules vary enormously — some states have no income tax, some use a single flat rate, and others use their own bracket structure. This calculator applies the flat rate you enter to a simplified taxable base rather than modeling every state's exact rules.

Does this account for 401(k) contributions?+

Yes — enter your annual 401(k) and other pre-tax deductions in the pre-tax deductions field. They reduce your federal and state taxable income, matching how a traditional (not Roth) 401(k) actually works.

What is FICA and how is it calculated here?+

FICA is Social Security (6.2%, only on wages up to the 2026 wage base of $184,500) plus Medicare (1.45%, no wage cap), for a combined 7.65% on most salaries. An additional 0.9% Medicare surtax applies to wages above $200,000 (single) or $250,000 (married filing jointly).

Why did my effective tax rate come out lower than my marginal tax bracket?+

Federal tax is progressive — only the income within each bracket is taxed at that bracket's rate, not your entire income. Your effective rate (total tax ÷ gross income) is always lower than your top marginal bracket rate.

Does this calculator account for tax credits like the Child Tax Credit?+

No. This calculator estimates tax based on brackets and the standard deduction only. Credits like the Child Tax Credit or Earned Income Tax Credit would further reduce your actual tax owed and aren't modeled here.

Why does pay frequency change my paycheck amount but not my annual tax?+

Your total annual tax is the same regardless of how often you're paid — pay frequency only changes how that same annual net income is divided into individual paychecks.

Is this the same as what my employer's payroll system will withhold?+

Not exactly. Actual payroll withholding depends on your W-4 elections and your employer's specific withholding tables, which can differ from your true annual tax liability. This calculator estimates your actual net income after tax, which is a better long-run figure but may not match a single paycheck's withholding exactly.

Formula

Take-home pay formula

Net Pay = Gross Salary − Federal Tax − FICA − State Tax − Pre-Tax Deductions

Step by step

How the calculation works

1Enter gross annual salary and how often you get paid.
2Choose filing status — this determines your standard deduction and federal tax brackets.
3Enter annual pre-tax deductions such as 401(k) contributions or health insurance premiums.
4Enter your estimated state income tax rate (this varies by state — see the notes below).

Example

Take-home pay example

A single filer earning $75,000 with $4,500 in pre-tax deductions and a 4.5% state tax rate nets about $54,910 a year — roughly $2,112 per biweekly paycheck, an effective tax rate of about 20.8%.

Related guides

Learn more about this calculation

Guide