Paycheck Calculator
Calculate your take-home pay after taxes and deductions. See your net pay from gross income.
How it works
This paycheck calculator subtracts taxes and other deductions from your gross pay to show your net (take-home) pay. It calculates: Net Pay = Gross Pay - (Gross Pay × Tax Rate) - Other Deductions. This helps you understand how much money you'll actually receive in your paycheck.
Example
If your gross pay is $5,000, your tax rate is 22%, and you have $200 in other deductions (health insurance, 401k, etc.), your net pay will be $2,700. You'll pay $1,100 in taxes and $200 in deductions, for total deductions of $1,300.
Frequently asked questions
What's the difference between gross and net pay?
Gross pay is your total earnings before any deductions. Net pay (take-home pay) is what you actually receive after taxes and other deductions are subtracted. Net pay is always less than gross pay.
What deductions come out of my paycheck?
Common deductions include federal income tax, state income tax, Social Security, Medicare, health insurance premiums, retirement contributions (401k, IRA), and other benefits. The exact deductions depend on your employer and benefits elections.
How can I increase my take-home pay?
You can increase take-home pay by adjusting your tax withholding (though you'll owe more at tax time), reducing pre-tax deductions, or negotiating a higher salary. Be careful not to under-withhold taxes, as you'll owe money when filing your return.
← Back to all calculators