Salary Calculator
Calculate your net salary after taxes and deductions
Salary Information
Enter your gross salary and tax information
401(k), HSA, FSA, and other pre-tax deductions
About Salary Calculations
Understanding Your Paycheck
Your net salary (take-home pay) is your gross salary minus all taxes and deductions. Here's what affects your paycheck:
Federal Income Tax
The U.S. uses a progressive tax system with brackets ranging from 10% to 37%. Your rate depends on your income and filing status.
State Income Tax
Most states charge income tax, ranging from 1% to 13%. Nine states have no income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming.
FICA Taxes
- Social Security: 6.2% on income up to $168,600 (2024 limit)
- Medicare: 1.45% on all income, plus 0.9% on income over $200,000
Pre-Tax Deductions
Contributions to retirement accounts (401k, IRA) and health savings accounts (HSA) reduce your taxable income, lowering your tax burden.
Tips to Maximize Take-Home Pay
- Maximize pre-tax contributions to 401(k) and HSA
- Claim all eligible deductions and tax credits
- Adjust W-4 withholding to avoid overpaying
- Consider tax-advantaged benefits like FSA and transit benefits