Salary & Tax Calculator
Quickly estimate your take-home pay after federal income tax, state taxes, Social Security, and Medicare. Choose your filing status and state to get an accurate breakdown of your annual, monthly, and biweekly net income.
How to Use
Enter your annual gross salary, select your state (for state income tax estimation), and choose your filing status. The calculator uses 2024 federal tax brackets and estimates state taxes using a flat average rate by state. It also accounts for Social Security (6.2% up to $168,600) and Medicare (1.45%) taxes.
Formula
Federal income tax is calculated using progressive tax brackets. Your income is divided into portions, each taxed at a different rate. FICA taxes include Social Security (6.2% on income up to $168,600) and Medicare (1.45% on all income). State taxes vary by state and are estimated using average effective rates.