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Paycheck Calculator

Calculate your take-home pay after federal taxes, state taxes, Social Security, Medicare, 401(k), and health insurance deductions. 2024 US tax brackets.

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Take-Home Pay per Paycheck

$57,171.50

Annual net: $57,172 · Effective fed rate: 11.1%

Pay Stub Breakdown

ItemPer PaycheckAnnual
Gross Pay$75,000.00$75,000.00
Federal Income Tax-$8,341.00-$8,341.00
Social Security (6.2%)-$4,650.00-$4,650.00
Medicare (1.45%)-$1,087.50-$1,087.50
State Income Tax-$3,750.00-$3,750.00
Net Take-Home Pay$57,171.50$57,171.50

* Estimate only. Uses 2024 federal brackets, standard deduction, and a simplified flat state tax. Consult a tax professional for accuracy.

Key FeaturesPaycheck Calculator

2024 US federal income tax brackets
Social Security (6.2%) and Medicare (1.45%) deductions
Customizable state tax rate
401(k) pre-tax contribution
Health insurance deduction
Annual and per-paycheck breakdown

Why Use This ToolPaycheck Calculator

Free Online Paycheck calculatorTake home pay calculator — for EveryoneFast & Easy Net pay calculatorSalary calculator after tax — 100% FreeFree Online Paycheck after taxes

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Frequently Asked QuestionsPaycheck Calculator

How is federal income tax calculated from my paycheck?
Federal income tax uses progressive brackets — different portions of your income taxed at different rates. In 2024 for single filers: 10% on the first $11,600, 12% up to $47,150, 22% up to $100,525, and higher brackets above that. Only the income within each bracket is taxed at that bracket's rate.
What are FICA taxes?
FICA (Federal Insurance Contributions Act) taxes fund Social Security and Medicare. Employees pay 6.2% of wages toward Social Security (on wages up to $168,600 in 2024) and 1.45% for Medicare (no cap). High earners pay an additional 0.9% Medicare surtax on wages above $200,000.
How does a 401(k) contribution reduce my taxes?
Traditional 401(k) contributions are made pre-tax, reducing your taxable income. If you contribute $500/month ($6,000/year) and are in the 22% bracket, you save $1,320 in federal taxes annually. The money grows tax-deferred until withdrawal in retirement.

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