Net pay (take-home pay) is your gross earnings minus all mandatory deductions (federal/state taxes, FICA) and voluntary deductions (401k, health insurance). It is the amount deposited into your bank account.

FICA stands for the Federal Insurance Contributions Act. It covers Social Security tax (6.2% of wages up to $168,600 in 2024) and Medicare tax (1.45% of all wages, plus an extra 0.9% for wages above $200,000).

Does this calculator include state income tax?

This calculator covers federal taxes only. State income tax varies widely by state and is not included. Add your estimated state tax in the "Additional withholdings" field if needed.

What are pre-tax deductions?

Pre-tax deductions (like 401k contributions and health insurance premiums) reduce your taxable income before federal tax is calculated. This lowers the amount of federal income tax you owe.

How accurate is this calculator?

The calculator uses 2024 federal tax brackets and standard FICA rates. It provides a close estimate but your actual paycheck may differ slightly based on employer-specific payroll software, state taxes, or other deductions.

Net Pay Calculator

Name: Net Pay Calculator
Availability: InStock
Author: Nham Vu

Enter your gross pay and withholding details to instantly see your net take-home pay after all deductions.

Pay Details

Gross Pay ($)

Pay Period

Federal Filing Status

Pre-Tax Deductions ($)

Reduces taxable income (e.g., 401k, HSA, health premiums)

Additional Withholding ($)

Any extra taxes withheld per period (state, local, etc.)

Post-Tax Deductions ($)

Enter your pay details and click Calculate to see your take-home pay.

Summary

Enter your gross pay and withholding details to instantly see your net take-home pay after all deductions.

How it works

Enter your gross pay amount and select the pay period (hourly, weekly, bi-weekly, semi-monthly, or monthly).
Choose your federal filing status (Single, Married Filing Jointly, or Head of Household).
Enter the number of federal allowances or a custom withholding amount.
Add any pre-tax deductions such as 401(k) contributions or health insurance premiums.
The calculator applies 2024 federal tax brackets, Social Security (6.2%), and Medicare (1.45%) rates.
Your estimated net take-home pay appears instantly alongside a breakdown of each deduction.

Use cases

Estimate your paycheck before accepting a new job offer.
Plan your monthly budget by knowing your exact take-home amount.
Compare net pay between two salary options.
Verify your employer's paycheck deductions are correct.
Calculate the impact of a raise on your net pay.
Evaluate how increasing 401(k) contributions affects take-home pay.

Frequently Asked Questions

Last updated: 2026-06-11 · Reviewed by Nham Vu

Net Pay Calculator

Pay Details

Deductions per Pay Period

Effective Tax Rate