💰 Income Tax & Take-Home Pay Calculator
Get a clear, detailed breakdown of your take-home pay. Enter your salary, location, and deductions to see exactly how federal tax, state tax, and FICA shape what you actually keep.
Your Information
📖 Usage Examples
🧑 Single Filer in Texas
Sarah earns $85,000/year as a project manager in Austin, TX (no state income tax). She contributes $5,000 annually to her 401(k).
👫 Married Couple in California
Mike and Lisa file jointly with $160,000 combined income. They max out two 401(k)s ($46,000 total pre-tax).
💼 Freelancer with Mixed Income
Tom earns $55,000 W-2 salary plus $20,000 freelance income. He contributes $3,000 to a traditional IRA.
❓ Frequently Asked Questions
💰 About the Income Tax & Take-Home Pay Calculator
This tool is built to give you an honest, itemized picture of what your salary translates to after taxes. Instead of relying on rough estimates like "you will lose about 25% to taxes," our calculator shows where every dollar goes: federal income tax (via progressive 2024 brackets), state income tax (with rates for all 50 states plus DC), Social Security (6.2% up to the $168,600 cap), and Medicare (1.45% with the additional 0.9% surtax above $200,000).
The calculator also factors in pre-tax deductions such as 401(k) contributions, traditional IRA contributions, and HSA contributions. This matters because the same salary with different deduction strategies can produce meaningfully different tax outcomes.
We use 2024 IRS tax brackets with standard deductions: $14,600 for single filers, $29,200 for married filing jointly, and $21,900 for heads of household. State tax rates range from 0% in nine states to double-digit rates in California, Hawaii, and Oregon.
Use this tool when you are: comparing job offers across different states, evaluating how a raise affects your actual take-home, planning the tax impact of adjusting 401(k) contributions, or getting a realistic preview of what your first paycheck will look like at a new role. The results are estimates designed for planning, not for actual tax filing. Always consult a qualified tax professional for definitive advice tailored to your situation.