💵 Paycheck Calculator
Calculate your take-home pay after federal income tax, FICA (Social Security & Medicare), state income tax, and pre-tax deductions like 401(k) and health insurance.
Gross Pay
$
Tax & Filing Information
%
%
Pre-Tax Deductions (reduce taxable income)
%
$
$
$
$
Take-Home Pay Per Check
$0
Gross Per Check
$0
Federal Income Tax
$0
Social Security (6.2%)
$0
Medicare (1.45%)
$0
State Tax
$0
Pre-Tax Deductions
$0
Annual Take-Home
$0
Effective Tax Rate
0%
2024 Federal Income Tax Brackets
| Rate | Single | Married Filing Jointly |
|---|---|---|
| 10% | $0 – $11,600 | $0 – $23,200 |
| 12% | $11,601 – $47,150 | $23,201 – $94,300 |
| 22% | $47,151 – $100,525 | $94,301 – $201,050 |
| 24% | $100,526 – $191,950 | $201,051 – $383,900 |
| 32% | $191,951 – $243,725 | $383,901 – $487,450 |
| 35% | $243,726 – $609,350 | $487,451 – $731,200 |
| 37% | $609,351+ | $731,201+ |
What is FICA tax? +
FICA stands for Federal Insurance Contributions Act. It consists of Social Security tax (6.2% on wages up to $168,600 in 2024) and Medicare tax (1.45% on all wages, plus an additional 0.9% on wages over $200,000 for single filers). Your employer matches your FICA contributions — so the total contribution is actually 15.3% of your wages.
How does 401(k) contribution affect my paycheck? +
Traditional 401(k) contributions are pre-tax, meaning they reduce your taxable income for federal and most state income taxes (but not FICA). Contributing 6% of a $75,000 salary ($4,500/yr) could reduce your federal tax bill by $990–$1,080 depending on your bracket, making the effective cost of saving less than the full contribution amount.
Which states have no income tax? +
Nine states have no state income tax: Alaska, Florida, Nevada, New Hampshire (dividends/interest only), South Dakota, Tennessee, Texas, Washington, and Wyoming. If you live in one of these states, set state tax to 0%.