Paycheck Calculator
Calculate your net paycheck after taxes and deductions. See federal tax, state tax, Social Security, Medicare, and take-home pay per pay period.
How This Calculator Works
Calculation methodology and assumptions
Calculates net pay by dividing annual salary by pay periods, then subtracting federal tax (2026 brackets), state tax, Social Security (6.2% up to $168,600), Medicare (1.45%), 401(k) contributions, health insurance, and other pre-tax deductions. Federal withholding uses annualized calculation method.
Frequently Asked Questions
How is my paycheck calculated?
Your gross pay (salary ÷ pay periods) minus deductions: federal income tax, state income tax, Social Security (6.2%), Medicare (1.45%), 401(k), and health insurance. The result is your net (take-home) pay.
How much tax is taken from a paycheck?
Typically 25-35% for most workers. This includes federal tax (10-37%), state tax (0-13%), Social Security (6.2%), and Medicare (1.45%). The exact amount depends on your income, filing status, and deductions.