Free Take-Home Pay Calculator - Estimate Your Paycheck
Estimate your paycheck after taxes, deductions, retirement contributions, and insurance premiums.
Formula & Methodology
Calculates your actual functional income by subtracting all mandatory government taxes and voluntary payroll deductions from your top-line salary.
- Net Pay = Gross Pay - (Federal + State + FICA) - Deductions
Worked Example
Using the Take Home Pay Calculator: apply the formula above to your input values. For instance, Net Pay = Gross Pay - (Federal + State + FICA) - Deductions. The tool performs each step instantly and shows the result.
Frequently Asked Questions
What is take-home pay?
It is your net income after taxes, retirement contributions, insurance and other deductions are removed from gross pay.
Why is take-home less than my salary?
Federal, state and payroll taxes plus benefit deductions all come out before the money reaches you.
How can I increase my take-home pay?
Adjusting withholding, pre-tax benefits and retirement contributions changes the balance between paycheck size and tax owed.