Take Home Pay Calculator
Estimate annual take-home pay after simple tax and deduction assumptions.
About the Take Home Pay Calculator
Estimate annual take-home pay and monthly or biweekly equivalents from gross salary, withholding assumptions and other annual deductions. Use it for budgeting and job-offer comparisons, not as an official tax result.
How to use this calculator
- Enter gross annual salary.
- Enter estimated federal, state/local and FICA percentages.
- Add other annual payroll deductions if needed.
- Review estimated annual, monthly and biweekly take-home amounts.
- Compare the result with an actual pay stub and adjust assumptions.
How the calculation works
The tool applies each entered percentage to gross annual salary, subtracts those estimated deductions and then subtracts other annual deductions. It divides the remaining estimate into monthly and biweekly figures. Actual payroll may treat deductions and taxes differently.
Example
For a $75,000 salary, the net estimate depends on the percentages and deductions entered. To compare two job offers, use consistent assumptions and consider benefits, retirement matching and paid time off separately.
Things to keep in mind
- A flat withholding percentage is not the same as final tax liability.
- Pre-tax and post-tax deductions can have different tax treatment.
- Biweekly pay usually means 26 pay periods; twice-monthly pay usually means 24.
- Use actual payroll information and official tax guidance for important decisions.
Frequently asked questions
How is take-home pay calculated?
Start with gross earnings, subtract estimated taxes and payroll deductions, then review what remains.
Is monthly take-home pay annual net divided by 12?
This tool shows a monthly average; actual deposits differ by pay schedule.
Does this calculate exact US taxes?
No. It uses your assumptions rather than all federal and state tax rules, credits and payroll details.
What should I include as other deductions?
Include annualized benefits or other deductions not already represented by the percentage assumptions, avoiding double-counting.