Take Home Pay Calculator
Estimate your net income after federal, state, and FICA taxes. See how much you'll actually receive in your paycheck.
Income Information
Your Take Home Pay
Tax Breakdown
Understanding Your Paycheck
Your take home pay is what's left after all taxes and deductions are subtracted from your gross income. The main deductions include:
- Federal Income Tax: Based on your income and filing status using progressive tax brackets
- Social Security Tax: 6.2% of gross income (up to the annual wage base limit)
- Medicare Tax: 1.45% of all gross income
- State Income Tax: Varies by state (0% in states with no income tax)
- Local Income Tax: Some cities and counties impose additional taxes
States With No Income Tax
Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington, and Wyoming have no state income tax. New Hampshire only taxes interest and dividend income.
Frequently Asked Questions
Gross pay is your total earnings before any deductions. Net pay (take home pay) is what you actually receive after taxes and other deductions are subtracted from your gross pay.
You can increase take home pay by contributing to pre-tax accounts like 401(k), HSA, or FSA, which reduce your taxable income. Other strategies include adjusting your tax withholdings (if you're getting large refunds) and taking advantage of tax credits and deductions.
FICA (Federal Insurance Contributions Act) tax includes Social Security (6.2%) and Medicare (1.45%) taxes, totaling 7.65% of your gross income. Your employer matches this amount. Self-employed individuals pay the full 15.3%.