Paycheck Calculator
Estimate your take-home pay using 2026 federal tax data, a standard deduction, and simplified state tax assumptions.
Estimate and methodology
Federal calculations use 2026 IRS brackets and the standard deduction. State tax uses a single illustrative rate and is not a state-specific withholding calculation. This tool is for planning only, not tax advice.
Frequently Asked Questions
What is the difference between gross pay and net pay?▼
Gross pay is your total earnings before any deductions — including federal income tax, state income tax, Social Security, Medicare, and retirement contributions. Net pay (take-home pay) is what remains after all those deductions are subtracted. For most workers, net pay is 65–80% of gross pay depending on tax rate and deductions.
How is federal income tax calculated on a paycheck?▼
Federal income tax is calculated using progressive 2026 tax brackets after this calculator applies the standard deduction for the selected filing status. Actual payroll withholding can differ because Form W-4 elections, credits, and other deductions are not modeled.
What is FICA and how much is it?▼
FICA covers Social Security and Medicare. In 2026, employees pay 6.2% of wages toward Social Security up to $184,500, plus 1.45% toward Medicare. This estimate does not include the Additional Medicare Tax that may apply at higher incomes.
Does a 401(k) contribution reduce my taxes?▼
Yes. Traditional 401(k) contributions are made pre-tax, which means they reduce your federal taxable income dollar-for-dollar. If you earn $70,000 and contribute 6% ($4,200), your federal tax is calculated on $65,800 instead. This lowers your federal and most state income taxes, though Social Security and Medicare still apply to the full gross.
What is the difference between biweekly and semimonthly pay?▼
Biweekly pay means you receive a paycheck every two weeks — 26 paychecks per year. Semimonthly pay means twice a month on fixed dates (e.g., the 1st and 15th) — 24 paychecks per year. Biweekly results in two 'three-paycheck months' each year. The annual gross is the same; only the per-period amount differs.
How accurate is this paycheck calculator?▼
This calculator uses 2026 federal brackets, the standard deduction, and the 2026 Social Security wage base. State tax is a simplified estimate, not a state withholding calculation. It does not model W-4 elections, local taxes, pre-tax health insurance, FSA/HSA contributions, tax credits, itemized deductions, or Additional Medicare Tax. Check your pay stub or consult a tax professional for exact withholding.