US Salary & Paycheck Calculator
Estimate your net take-home pay from gross wages using US federal tax brackets, standard deductions, and FICA Social Security and Medicare withholdings.
Region & Tax System
Annual Breakdown
Where Your Money Goes
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Overview
The US Salary and Paycheck Calculator provides an accurate projection of your net take-home pay by evaluating annual gross wages against current federal tax brackets and statutory insurance withholdings. Understanding your post-deduction net income is essential for personal budgeting, financial planning, and career salary negotiations.
Formula
Paycheck calculations are modeled using indexed federal fiscal parameters:
1. Net Take-Home Pay = Gross Annual Income − (Federal Income Tax + Social Security + Medicare) 2. FICA Social Security = Min(Gross Income, $176,100) × 6.2% 3. FICA Medicare = Gross Income × 1.45% Federal marginal brackets are applied progressively to your net taxable income after subtracting the standard deduction.
Practical Example
An individual in the US files as "Single" with a gross annual salary of $75,000.
Standard Deduction Subtraction: $75,000 − $15,400 = $59,600 taxable income.
Progressive Tax Calculation: 10% on first $11,925 ($1,192.50) + 12% on the income up to $48,475 ($4,386) + 22% on the remaining amount ($2,447.50) = Total Federal Tax of $8,026.
FICA Withholdings: Social Security ($75,000 × 0.062 = $4,650) + Medicare ($75,000 × 0.0145 = $1,087.50) = $5,737.50.
Total Net Take-Home Pay: $75,000 − $8,026 − $5,737.50 = $61,236.50 annually (or $5,103 per month).