Take Home Pay Calculator
Calculate your take home pay after federal, state, Social Security, and Medicare taxes.
How much of my paycheck goes to taxes?
Typical breakdown: Federal income tax 10-37% (based on bracket), State tax 0-13% (varies by state), Social Security 6.2% (up to $160,200), Medicare 1.45% (plus 0.9% on $200k+). Total deductions typically 25-35% for middle income. Example: $75,000 salary might take home $52,000-56,000 (70-75%) depending on state and filing status.
What states have no income tax?
Nine states have no income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, Wyoming. However, they compensate with higher sales tax, property tax, or other fees. Example: $75,000 in Texas (0% state tax) vs California (9.3% state tax) = ~$7,000/year difference. Consider total tax burden, not just income tax.
Can I reduce my tax withholding?
Yes, by adjusting W-4 withholding allowances. More allowances = less withheld = bigger paychecks (but potential tax bill). Fewer = more withheld = bigger refund. Ideal: owe $0 or small refund at year-end. Large refunds mean you gave government interest-free loan. Use IRS withholding calculator to optimize. Change W-4 anytime with employer.
Why is my first paycheck smaller?
Common reasons: Not a full pay period, one-time setup fees, pro-rated benefits, initial tax withholding adjustments, or waiting period before benefits. Second paycheck typically normalized. Also, first year you might have higher taxes until deductions/credits apply. If significantly wrong, check with HR immediately - errors happen during onboarding.