Paycheck Calculator – Take-Home Pay After Tax
Estimate your net take-home pay after federal tax, state tax, Social Security, Medicare, and 401k deductions.
💰 Finance📐 Net = Gross - Federal - State - FICA - 401k
Annual gross salary ($)
State tax rate (%)
401k contribution (%)
Pay period
Please enter valid values.
Formula & Reference
| Variable | Formula | Units |
|---|---|---|
| Paycheck Calculator – Take-Home Pay After Tax | Net = Gross - Federal - State - FICA - 401k | $/paycheck |
Step-by-Step Examples
Example 1
$75K, 5% State, 6% 401k, Biweekly
$75K, biweekly.
- Gross: $2,885 | Fed: ~$635 | FICA: $248
- State: $126 | 401k: $173 | NET: ~$1,703
✓ ~$1,703 biweekly
Example 2
$50K, No State Tax, No 401k
$50K, biweekly, no deductions.
- Gross: $1,923 | NET: ~$1,527
✓ ~$1,527 biweekly
Example 3
$120K Monthly
$120K, monthly, 7% state.
- Gross: $10,000 | NET: ~$6,800
✓ ~$6,800/month
Real-World Applications
Employees
Know your actual take-home before accepting an offer.
Job Seekers
Compare offers on net pay basis.
HR
Help employees understand paycheck breakdown.
Finance
Model payroll for headcount planning.
Common Mistakes to Avoid
⚠️
Budgeting with gross pay
Always budget with net pay, not salary. $75K takes home about $52K after deductions.
⚠️
Forgetting pre-tax deductions
401k, HSA, and health insurance reduce taxable income. More contributions = lower taxes.
Frequently Asked Questions
How much tax from paycheck? ▾
Total deductions: 25-38% for most earners. Federal: 12-24%. FICA: 7.65%. State: 0-10%.
What is FICA? ▾
Social Security (6.2% up to $168,600) and Medicare (1.45%). Total 7.65%. Self-employed pay 15.3%.
W-4 vs W-2? ▾
W-4 tells employer how much to withhold. W-2 reports annual wages for tax filing.