Paycheck Calculator — Take-Home Pay Estimator
The Paycheck Calculator estimates your net (take-home) pay after the most common federal deductions: income tax (using a simplified effective rate), Social Security (6.2%), and Medicare (1.45%). This gives a useful ballpark — actual withholding depends on your W-4, state taxes, and benefits deductions not included here.
Frequently Asked Questions
Federal income tax (simplified using bracket marginal rate), Social Security (6.2%), and Medicare (1.45%). State taxes, 401k contributions, health insurance premiums, and other benefits are NOT included.
