Estimate your net income after taxes and deductions.
Weekly
Bi-weekly (Every 2 weeks)
Semi-monthly (Twice a month)
Monthly
Your Estimated Take Home Pay Per Pay Period: —
Understanding Your Take Home Pay
Your take-home pay, also known as net pay, is the amount of money you actually receive after all mandatory deductions and voluntary contributions are taken out of your gross salary. It's crucial to understand this figure to effectively budget, save, and manage your finances. This calculator provides an estimation based on common tax rates and deductions.
How the Calculation Works:
The calculation involves several steps to determine your net pay from your gross salary.
Gross Salary: This is your total salary before any deductions.
Pay Period Calculation: Your annual gross salary is divided by the number of pay periods in a year based on your chosen frequency:
Weekly: 52 pay periods
Bi-weekly: 26 pay periods
Semi-monthly: 24 pay periods
Monthly: 12 pay periods
This gives you your gross pay per pay period.
Tax Deductions: Taxes are typically calculated on your gross pay. The rates you enter are applied to your gross pay per pay period.
Federal Tax: Based on your estimated federal tax bracket.
State Tax: Based on your estimated state tax bracket.
Local Tax: Based on your estimated local tax bracket (if applicable).
Social Security Tax: A mandatory federal tax, currently at 6.2% (up to an annual income limit).
Medicare Tax: A mandatory federal tax to fund Medicare, currently at 1.45%.
The sum of these taxes is your total tax deduction per pay period.
Other Deductions: These include contributions to health insurance premiums, retirement plans (like 401(k) or IRA), union dues, etc. These are subtracted from your gross pay.
Net Pay Calculation:
Net Pay Per Pay Period = (Gross Pay Per Pay Period) – (Total Tax Deductions Per Pay Period) – (Other Deductions Per Pay Period)
Important Considerations:
Estimates: Tax rates and deduction percentages can vary significantly based on your specific tax situation, filing status (single, married), dependents, and any tax credits or specific deductions you may be eligible for. This calculator provides a general estimate.
Tax Brackets: Tax systems are often progressive, meaning higher income brackets are taxed at higher rates. The input for tax rates here assumes a flat percentage for simplicity, which might not perfectly reflect your actual tax liability.
Social Security Limit: The Social Security tax (6.2%) is applied only up to a certain annual income threshold, which changes yearly. This calculator does not account for that limit for simplicity but it can affect high earners.
Pre-tax vs. Post-tax Deductions: Some deductions (like traditional 401(k) contributions or health insurance premiums) are taken out *before* taxes are calculated, reducing your taxable income. Others (like Roth 401(k) contributions) are taken out *after* taxes. This calculator assumes 'Other Deductions' are post-tax for simplicity, or that any pre-tax deductions have already been factored into the effective tax rates provided. For precise calculations, consult your pay stub or HR department.
Accuracy: For the most accurate figure, always refer to your official pay stub.
Use this calculator as a helpful tool to get a general idea of your take-home pay and to plan your finances accordingly.
function calculateTakeHomePay() {
var grossAnnualSalary = parseFloat(document.getElementById("grossAnnualSalary").value);
var payFrequency = document.getElementById("payFrequency").value;
var federalTaxRate = parseFloat(document.getElementById("federalTaxRate").value) / 100;
var stateTaxRate = parseFloat(document.getElementById("stateTaxRate").value) / 100;
var localTaxRate = parseFloat(document.getElementById("localTaxRate").value) / 100;
var medicareRate = parseFloat(document.getElementById("medicareRate").value) / 100;
var socialSecurityRate = parseFloat(document.getElementById("socialSecurityRate").value) / 100;
var otherDeductionsAnnual = parseFloat(document.getElementById("otherDeductions").value);
var resultElement = document.getElementById("netPayResult");
// — Input Validation —
if (isNaN(grossAnnualSalary) || grossAnnualSalary < 0) {
resultElement.textContent = "Please enter a valid annual salary.";
resultElement.parentNode.style.backgroundColor = "#dc3545"; // Red for error
return;
}
if (isNaN(federalTaxRate) || federalTaxRate < 0) {
resultElement.textContent = "Please enter a valid federal tax rate.";
resultElement.parentNode.style.backgroundColor = "#dc3545";
return;
}
if (isNaN(stateTaxRate) || stateTaxRate < 0) {
resultElement.textContent = "Please enter a valid state tax rate.";
resultElement.parentNode.style.backgroundColor = "#dc3545";
return;
}
if (isNaN(localTaxRate) || localTaxRate < 0) {
resultElement.textContent = "Please enter a valid local tax rate.";
resultElement.parentNode.style.backgroundColor = "#dc3545";
return;
}
if (isNaN(otherDeductionsAnnual) || otherDeductionsAnnual < 0) {
otherDeductionsAnnual = 0; // Treat invalid as 0
}
// — Determine Pay Periods per Year —
var payPeriodsPerYear;
switch (payFrequency) {
case "weekly":
payPeriodsPerYear = 52;
break;
case "biweekly":
payPeriodsPerYear = 26;
break;
case "semimonthly":
payPeriodsPerYear = 24;
break;
case "monthly":
payPeriodsPerYear = 12;
break;
default:
resultElement.textContent = "Please select a valid pay frequency.";
resultElement.parentNode.style.backgroundColor = "#dc3545";
return;
}
// — Calculations per Pay Period —
var grossPayPerPeriod = grossAnnualSalary / payPeriodsPerYear;
var otherDeductionsPerPeriod = otherDeductionsAnnual / payPeriodsPerYear;
// Calculate total tax rate percentage
var totalTaxRatePercentage = federalTaxRate + stateTaxRate + localTaxRate + medicareRate + socialSecurityRate;
var totalTaxRate = totalTaxRatePercentage; // already divided by 100
// Calculate total tax amount per period
var totalTaxAmountPerPeriod = grossPayPerPeriod * totalTaxRate;
// Calculate Net Pay
var netPayPerPeriod = grossPayPerPeriod – totalTaxAmountPerPeriod – otherDeductionsPerPeriod;
// — Display Result —
if (netPayPerPeriod < 0) {
netPayPerPeriod = 0; // Cannot have negative take-home pay in this model
}
// Format the result to two decimal places
var formattedNetPay = netPayPerPeriod.toLocaleString(undefined, {
minimumFractionDigits: 2,
maximumFractionDigits: 2
});
resultElement.textContent = "$" + formattedNetPay;
resultElement.parentNode.style.backgroundColor = "var(–success-green)"; // Green for success
}