Paycheck Calculator
Calculate take-home pay after taxes and deductions. See your net pay, tax withholdings, and paycheck breakdown with our free paycheck calculator.
Our comprehensive Paycheck Calculator helps you understand your take-home pay by calculating federal and state tax withholdings, pre-tax and post-tax deductions, and your net pay. Whether you're paid weekly, bi-weekly, semi-monthly, or monthly, this tool provides accurate calculations to help you budget and plan your finances effectively.
Enter paycheck details to see your payment breakdown
This paycheck calculator helps you understand your take-home pay by calculating federal and state taxes, pre-tax deductions, and post-tax deductions. Understanding your paycheck breakdown is essential for effective financial planning and budgeting.
Pre-tax Deductions
- • 401(k) contributions
- • Health insurance premiums
- • HSA contributions
- • Other qualified benefits
Tax Planning Tips
- • Maximize pre-tax contributions
- • Review withholding annually
- • Understand tax brackets
- • Plan for tax refunds
Note: This calculator provides estimates based on the tax rates you enter. Actual tax calculations may vary based on your specific tax situation, deductions, credits, and current tax laws. Consult with a tax professional for accurate tax planning.
Understanding Paycheck Calculations
A paycheck is more than just your salary divided by pay periods. It includes various deductions for taxes, benefits, and other withholdings that reduce your gross pay to your net take-home pay. Understanding these deductions helps you better plan your finances and maximize your take-home pay.
Pre-tax Deductions
- • 401(k) and retirement contributions
- • Health insurance premiums
- • Flexible Spending Account (FSA) contributions
- • Health Savings Account (HSA) contributions
Post-tax Deductions
- • Union dues
- • Wage garnishments
- • Roth 401(k) contributions
- • Charitable contributions
This calculator provides estimates based on the tax rates you enter. Actual tax withholdings may vary based on your filing status, allowances, and other tax factors. For accurate tax planning, consult with a tax professional or use official IRS tax tables.