Use our Free Paycheck Calculator spreadsheet to estimate the effect of deductions, withholdings, federal tax, and allowances on your net take-home pay. Unlike most online paycheck calculators, using our spreadsheet will allow you to save your results, see how the calculations are done, and even...
UPDATE: Both versions of the Paycheck Calculator are updated with the new 2025 Federal Tax Tables and the State Tax Tables (where applicable) If you are an employer or a self-employed individual it is your responsibility to pay your taxes on time. After withholding the tax deductions, the em...
This free, easy to use payroll calculator will calculate your take home pay. Supports hourly & salary income and multiple pay frequencies. Calculates Federal, FICA, Medicare and withholding taxes for all 50 states. Check out our new page Tax Change to find out how federal or state tax ...
How is Federal Withholding (Federal Income Tax) calculated? The more taxable income you have, the higher tax rate you are subject to. This calculation process can be complex, so PaycheckCity’s free calculators can do it for you! To learn how to manually calculate federal income tax, use ...
Bob's federal withholding for this paycheck is $132.75. We can double-check our result with asalary calculator: Why is my federal withholding $0? Not all paychecks end up subject to federal income tax. The federal income tax might result in $0 if the calculation's gross pay and deductions...
Subtract additional withholdings (if any): If the employee has requested additional withholding on their W-4 form, add this amount to the calculated federal tax. Important offers, pricing details and disclaimers Money movement services are provided by Intuit Payments Inc., licensed as a Money Tran...
Paycheck Calculator This free, easy to use payroll calculator will calculate your take home pay. Supports hourly & salary income and multiple pay frequencies. Calculates Federal, FICA, Medicare and withholding taxes for all 50 states. Check out our new pageTax Changeto find out how federal or ...
(b). While increasing your retirement account savings does lower your take home pay, it also lowers your Federal income tax withholding. The impact on your paycheck might be less than you think. While your plan may not have a deferral percentage limit, this calculator limits deferrals to 80%...
Federal Payroll taxesare updated to reflect 2025 federal income tax and payroll tax rates and limits. Free Paycheck Calculatorto calculate net amount and payroll taxes from a gross paycheck amount. Paycheck Calculator is a great payroll calculation tool that can be used to compare net pay amounts...
Tax data: Marital status, allowances/exemptions and tax withholding information (from the Form W-4 you completed) Hours and earnings: Earnings for this pay period as well as year-to-date (YTD) earnings Taxes: Federal withholding (for federal taxes), Medicare, FICA, State withholding (for sta...