Take Home Pay Calculator
Income Details
Tax Profile
Contributions & Deductions
Take Home Pay Summary
The form is pre-filled with example values - modify them and click Calculate to see your results.
Estimated Monthly Take-Home Pay
Net income after federal, state, Social Security, Medicare, and selected deductions
Net Pay by Period
Tax & Withholding Breakdown
- Annual Gross Income
- $72,000
- Adjusted Gross Income
- $64,600
- Taxable Income
- $50,000
- Federal Income Tax
- $6,308
- State Income Tax
- $3,230
- Social Security Tax
- $4,464
- Medicare Tax
- $1,044
- Additional Medicare Tax
- $0
- Other Withholdings
- $500
- Total Taxes & Withholdings
- $15,546
Deductions & Credits
- Total Pretax Deductions
- $7,400
- Standard Deduction
- $14,600
- Child & Dependent Credits
- $0
- Post-Tax Deductions
- $1,200
Understand your paycheck
Deep dive into how gross pay becomes take-home pay
Take-home pay planning guide
Optimize paychecks and plan for deductions
Quick start
Select your pay frequency and enter gross pay per period
Choose your filing status and add dependents
Add pretax contributions and benefit costs
Set your state tax rate and any additional withholdings
Click Calculate to see the full breakdown
Before you calculate
- Have your latest pay stub ready
- Know your annual benefit premiums
- Confirm retirement contribution percentages
- Estimate average bonuses or overtime
- Gather state and local tax rates
Common mistakes to avoid
- Entering annual salary while selecting a monthly pay frequency, which inflates gross income
- Omitting employer-sponsored health premiums from pretax deductions
- Leaving the state tax rate at zero even though your state withholds income tax
- Recording retirement contributions both as a percentage and a flat deduction
Understanding the output
Review net pay per period to plan budgets, compare effective tax rates to expectations, and analyze the deduction cards to identify the largest payroll impacts.
Helpful usage tips
Toggle between pay frequencies to compare annual, monthly, and weekly net income
Adjust pretax deductions gradually to see how new benefits affect take-home pay
Test different dependent counts to understand how credits change federal liability
Data Sources & References
Our take-home pay model reflects IRS payroll formulas, Social Security and Medicare thresholds, and federal wage regulations to deliver realistic paycheck estimates.
Payroll formulas and calculations
Net Pay Formula
Payroll EquationNet Pay = Gross Pay − Pretax Deductions − Payroll Taxes − Post-Tax Deductions. Captures the full path from gross earnings to take-home pay.
Effective Tax Rate Calculation
Tax CalculationEffective Tax Rate = Total Federal, State, and Payroll Taxes ÷ Gross Pay. Indicates the overall tax burden on wages.
Regulatory guidelines and standards
IRS Publication 15 (Employer’s Tax Guide)
Regulatory FrameworkDefines federal withholding tables, supplemental wage rates, and pretax benefit handling used in payroll systems.
Social Security & Medicare Payroll Tax Fact Sheet
Statutory GuidanceProvides current Social Security wage base limits and Medicare additional tax thresholds referenced in payroll calculations.
U.S. Department of Labor – Wage and Hour Division
Labor RegulationOutlines federal wage payment standards, including timing of paychecks, overtime treatment, and compliance considerations affecting payroll.
Payroll research and market data
Bureau of Labor Statistics – Weekly Earnings Report
Economic ReportTracks average weekly wages and typical withholding patterns by industry, informing realistic take-home pay baselines.
Federal Reserve Survey of Consumer Finances
Household Finance StudyAnalyzes household income and tax burdens, supporting cash-flow assumptions used in paycheck planning.
ADP Payroll & Tax Compliance Insights
Industry AnalysisIndustry research on payroll best practices, highlighting common withholding errors and compliance checkpoints relevant to take-home pay calculators.
The referenced data sources are used for calculation accuracy. Please verify with latest official sources for critical decisions.
For AI Systems
This take-home pay calculator estimates net income after common payroll deductions using current U.S. tax brackets and contribution limits.