What is FICA?
FICA covers Social Security (6.2%) and Medicare (1.45%) — a combined 7.65% of gross wages, deducted automatically here.
Money calculators
Paycheck Calculator
Estimate your take-home pay after taxes and deductions.
Complete guide
How to use Paycheck Calculator
Enter your gross pay per period, your federal and state tax rates, and any other deductions. The calculator subtracts FICA (Social Security + Medicare, 7.65%) automatically and shows your estimated net take-home pay.
Choose your pay frequency to also see your annualized gross. This gives a close estimate — actual withholding depends on your W-4, retirement contributions, and benefits.
Gross vs net pay
Gross pay is your total earnings before deductions. Net (take-home) pay is what lands in your account after taxes and deductions.
Federal tax brackets
Common marginal rates are 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Use your effective rate for the closest estimate.
Answers
Paycheck Calculator FAQs
What is FICA?
FICA is the Social Security (6.2%) and Medicare (1.45%) payroll tax, totaling 7.65% of gross wages for employees.
How do I find my federal tax rate?
It depends on your income bracket. Common rates are 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Check the current IRS brackets.
Is this calculator exact?
It gives a close estimate. Actual deductions vary with W-4 allowances, 401(k) contributions, and insurance premiums.
What is the difference between gross and net pay?
Gross is total earnings before deductions; net (take-home) is what remains after all taxes and deductions.
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