Take-Home Pay Calculator (Net Income)

Estimate your net pay (take-home pay) per paycheck after federal, state (estimated), FICA taxes, and various pre-tax and post-tax deductions.

Enter your gross pay and deduction details below. Provide estimated tax withholding per pay period.

Income & Pay Frequency

$

Estimated Taxes Withheld (Per Pay Period)

Enter the estimated amount withheld for federal and state income tax *per paycheck*. FICA (Social Security & Medicare) will be calculated automatically.

$ (Approx. from W-4 or previous paystub)
$ (If applicable, check your state's rules)

Pre-Tax Deductions (Per Pay Period)

Contribution per paycheck.
$ Your premium contribution.
$

Post-Tax Deductions (Per Pay Period)

After-tax contribution per paycheck.
$

💵 Take-Home Pay Calculator (Net Income)

What Is Take-Home Pay?

Take-home pay—also known as net income—is the actual amount of money you receive in your bank account after all required deductions. This includes federal and state taxes, Social Security, Medicare, retirement contributions, and other withholdings .

This calculator helps you estimate your real paycheck so you can budget accurately, plan expenses , and avoid surprises on payday.

🧮 How to Use This Calculator

Just fill in a few basic details:

  1. Gross Annual Salary – Your income before any deductions.

  2. Pay Frequency – How often you’re paid (weekly, biweekly, monthly, etc.).

  3. Filing Status – Single, Married Filing Jointly, etc.

  4. State – Select your U.S. state (since state tax rates vary).

  5. Pre-tax Deductions (optional) – Health insurance, retirement (401(k)), etc.

  6. Post-tax Deductions (optional) – Wage garnishments, union dues, etc.

Click "Calculate" to see:

  • Your net income per paycheck

  • Your total annual take-home pay

  • A full breakdown of all deductions

📊 Example

Let’s say you earn:

  • Gross Salary: $60,000/year

  • Filing Status: Single

  • State: California

  • 401(k) Contribution: $300/month

  • Health Insurance: $150/month

👉 Your estimated monthly take-home pay might be around $3,650, after taxes and deductions.

💡 Tip: If you want to increase your net pay, consider adjusting pre-tax contributions or checking your W-4 withholding allowances.

💡 Why Knowing Your Net Pay Matters

Gross pay sounds nice—but it’s net pay that hits your bank account.

This calculator helps you:

  • Set a realistic monthly budget

  • Understand your tax burden

  • Compare job offers accurately

  • Plan for large expenses (rent, savings, debt repayment)

It’s especially helpful when you're:

  • Starting a new job

  • Negotiating a salary

  • Moving to a different state

  • Evaluating benefit packages

💼 What’s Included in the Calculation?

This calculator estimates deductions for:

  • Federal Income Tax

  • State Income Tax (where applicable)

  • FICA Taxes (Social Security & Medicare)

  • Pre-tax deductions like 401(k), HSA, health insurance

  • Post-tax deductions like union dues or court-ordered payments

Note: Exact values may vary depending on your actual W-4 info, employer benefits, and local tax rules.

❓ Frequently Asked Questions (FAQs)

1. What is the difference between gross pay and net pay?

  • Gross pay is your total earnings before deductions.

  • Net pay is what you actually “take home” after taxes and deductions.

2. Do I pay taxes on pre-tax deductions?

No—pre-tax deductions (like 401(k) and health insurance) are excluded from taxable income, reducing your overall tax burden.

3. How can I increase my take-home pay?

You can consider:

  • Adjusting your W-4 withholdings

  • Increasing pre-tax contributions (like 401(k) or HSA)

  • Choosing benefits that reduce taxable income

  • Earning non-taxable reimbursements (e.g. transportation stipends)

✅ Final Thoughts

Don’t budget blindly— know exactly what you take home with this calculator.

Understanding your net income helps you make smarter choices, whether you’re building a budget, comparing jobs, or planning for big life decisions.

Try our Take-Home Pay Calculator today to see your real paycheck breakdown in seconds .