Free Paycheck Calculator - Calculate Your Take-Home Pay
Calculate your net pay after federal, state, and local taxes, plus pre and post-tax deductions.
Formula & Methodology
Computes standard U.S. progressive federal brackets, accurate state formulas, and statutory FICA deductions to find your exact take-home pay.
- Net Pay = Gross Pay - Federal Tax - State Tax - FICA - Deductions
Worked Example
Using the Paycheck Calculator: apply the formula above to your input values. For instance, Net Pay = Gross Pay - Federal Tax - State Tax - FICA - Deductions. The tool performs each step instantly and shows the result.
Frequently Asked Questions
Why is my take-home pay less than my salary?
Federal, state and payroll taxes plus deductions like retirement and health premiums are withheld from gross pay.
What is the difference between gross and net pay?
Gross is your total earnings before deductions; net is what actually lands in your account.
How do allowances or withholdings affect my check?
Adjusting withholding changes how much tax is taken each pay period, shifting the balance between paycheck size and refund.