Paycheck Calculator
Estimate your take-home pay after federal taxes, state taxes, Social Security, Medicare, and other deductions.
Pre-Tax Deductions (Per Paycheck)
Estimated Take-Home Pay
$0
Gross Pay
$0
Total Deductions
$0
Effective Tax Rate
0%
Deduction Breakdown
Federal Income Tax
$0
State Income Tax
$0
Social Security (6.2%)
Medicare (1.45%)
$0
Annual Projections
Annual Gross Pay
$0
Annual Take-Home
$0
Annual Taxes Paid
$0
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Understanding Your Paycheck
Federal Income Tax
Federal income tax is calculated using progressive tax brackets. The more you earn, the higher percentage you pay on income above each threshold.
2026 Tax Brackets (Single):
- 10% on income up to $11,600
- 12% on $11,601 - $47,150
- 22% on $47,151 - $100,525
- 24% on $100,526 - $191,950
- 32% on $191,951 - $243,725
- 35% on $243,726 - $609,350
- 37% on income over $609,350
FICA Taxes (Social Security & Medicare)
Social Security: 6.2% of gross pay up to $168,600 (2026 wage base limit)
Medicare: 1.45% of all gross pay (no limit)
Additional Medicare: 0.9% on wages over $200,000 (single) or $250,000 (married)
Your employer matches these amounts - they pay 6.2% + 1.45% on your behalf!
Ways to Reduce Taxable Income
- 401(k) contributions: Up to $23,000/year (2026)
- Traditional IRA: Up to $7,000/year
- HSA contributions: Up to $4,150 single / $8,300 family
- FSA contributions: Up to $3,200/year
- Commuter benefits: Up to $315/month
Pre-tax deductions lower your taxable income, saving you money!
Important Notes
- This calculator provides estimates only
- Actual withholding depends on your W-4 form
- Local taxes (city/county) not included
- Additional Medicare tax (0.9%) applies to high earners
- State tax rates vary - check your specific state
- Consult a tax professional for precise calculations