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Take Home Pay Calculator US | Net Salary After Tax Calculator

Calculate your US take-home pay after federal tax, state tax, FICA, and other deductions

Take Home Pay Calculator US | Net Salary After Tax Calculator

What is Take Home Pay Calculator US | Net Salary After Tax Calculator?

A US take-home pay calculator determines net pay after federal income tax, state income tax (varies by state), Social Security (6.2% up to $168,600), Medicare (1.45% on all income, +0.9% over $200k), and optional deductions (health insurance, 401k, HSA). Accounts for filing status (single, married, head of household), allowances/dependents, and state-specific taxation. Federal tax brackets 2024: 10%, 12%, 22%, 24%, 32%, 35%, 37%. Shows gross versus net pay, monthly and annual amounts, effective tax rate, and paycheck breakdown. Essential for budgeting, salary negotiations, comparing jobs across states, evaluating raises, and understanding actual spendable income.

Key Benefits & Use Cases

Budget accurately with real take-home: $75,000 gross in California (9.3% state tax) provides $55,468 net, but same salary in Texas (0% state tax) nets $59,287—$3,819 annual difference ($318 monthly). Compare relocations fairly: $90k offer in New York versus $75k in Florida may result in similar take-home due to 9% NY state income tax versus 0% FL tax. Negotiate informed raises: need $6,250 gross raise to net additional $4,000 (24% federal + 6% state + 7.65% FICA = 37.65% marginal rate), not $4,000 gross. Evaluate 401k contributions' true cost: contributing $500/month to 401k (pre-tax) reduces take-home by only $325 in 35% marginal tax bracket, making retirement savings more affordable. Understand bonus taxation: bonuses taxed at supplemental withholding rate (22% federal) but reconciled to actual tax rate at year-end, potentially resulting in refund.

How to Use This Calculator

Enter annual gross salary (e.g., $70,000), select filing status (single, married filing jointly, married filing separately, head of household), select state (affects state income tax—9 states have zero), enter number of allowances/dependents, and optional deductions: 401k percentage (typically 5-15%), HSA contributions ($4,300 individual max, $8,550 family max), health insurance premium, FSA contributions. Calculator shows: gross pay per paycheck (biweekly, monthly), federal income tax withheld, state income tax, Social Security (6.2%), Medicare (1.45%), pre-tax deductions (401k, HSA), post-tax deductions (health insurance sometimes), and net take-home pay. Results include effective tax rate and marginal tax rate. Use for: comparing job offers across different states, evaluating salary requirements for desired lifestyle, planning major purchases based on monthly take-home, optimizing pre-tax deductions (401k, HSA) to reduce taxable income.

Frequently Asked Questions

Common questions about take home pay calculator us | net salary after tax calculator

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