Net paycheck calculator

Free Take Home Pay Calculator

A take home pay calculator estimates the net amount left from each paycheck after taxes and deductions. Enter gross pay, pay frequency, pre-tax benefits, retirement savings, withholding rates, and post-tax deductions to see estimated net pay and annual take-home income.

Estimated net pay

$1,605.60

64.22% of gross pay reaches the paycheck after the inputs below.

Net pay breakdown

Planning estimate for one paycheck, plus annualized totals.

Take-home pay

$1,605.60

64.22% net of gross pay.

Annual take-home

$41,745.60

26 pay periods per year.

Total deductions

$894.40

22.58% is tax withholding and FICA.

Taxable pay

$2,195.00

Gross pay after modeled pre-tax deductions.

Pre-tax deductions

Includes $125.00 of retirement savings plus benefits or other pre-tax amounts.

$305.00

Federal, state, and local withholding

$263.40 federal, $87.80 state, and $21.95 local.

$373.15

Social Security and Medicare

$155.00 Social Security and $36.25 Medicare.

$191.25

Post-tax deductions

After-tax deductions are subtracted after withholding is estimated.

$25.00

How to use this calculator

Step 1

Enter gross pay and pay frequency

Add the gross amount for one paycheck and choose how many pay periods happen each year, such as weekly, biweekly, semimonthly, or monthly.

Step 2

Add pre-tax deductions

Enter benefit premiums and retirement contributions that reduce taxable pay before withholding is estimated.

Step 3

Set withholding rates

Use expected federal, state, and local withholding percentages. The calculator also includes employee Social Security and Medicare estimates.

Step 4

Review net pay

Compare estimated take-home pay, total deductions, taxable pay, annual net income, and the effective take-home rate.

Take-home pay questions

What is take-home pay?

Take-home pay is the money left from a paycheck after taxes, benefits, retirement contributions, and other deductions are subtracted from gross pay.

How do I estimate take-home pay?

Start with gross pay, subtract pre-tax deductions, estimate tax withholding on taxable pay, add Social Security and Medicare, then subtract post-tax deductions.

Does this calculator include FICA taxes?

Yes. It estimates employee Social Security at 6.2 percent and Medicare at 1.45 percent of gross pay for planning purposes.

Why is my real paycheck different from this estimate?

Real payroll depends on W-4 settings, filing status, tax tables, state and local rules, benefit plan details, wage bases, and payroll-system rounding.

Can hourly workers use this net pay calculator?

Yes. Hourly workers can multiply their hourly rate by expected hours for the pay period, then enter that gross amount in the calculator.