Navigating payroll taxes in the Commonwealth of Virginia requires understanding both federal obligations and specific state tax brackets. This calculator provides an estimate of your net take-home pay by accounting for current 2024 tax laws.
Virginia Income Tax Brackets (2024)
Virginia utilizes a progressive tax system, though the brackets are relatively narrow, meaning most full-time workers reach the top bracket quickly. The rates are:
2% on the first $3,000 of taxable income.
3% on income between $3,001 and $5,000.
5% on income between $5,001 and $17,000.
5.75% on income over $17,000.
Understanding Deductions
The calculator factors in the standard Virginia deduction, which was significantly increased in recent years. For 2024, the Virginia standard deduction is $8,500 for single filers and $17,000 for married couples filing jointly. This is separate from the Federal standard deduction ($14,600 for single filers in 2024).
FICA and Federal Taxes
Beyond state taxes, every Virginia employee is subject to Federal Insurance Contributions Act (FICA) taxes, which consist of:
Social Security: 6.2% of your gross pay (up to the annual wage limit of $168,600).
Medicare: 1.45% of your gross pay.
Federal Income Tax: Calculated based on your specific tax bracket after deductions.
Example Calculation
If you earn an annual salary of $75,000 as a single filer in Virginia with no other deductions:
Gross Bi-weekly Pay: $2,884.62
FICA Withholding: Approx. $220.67
Federal Tax Withholding: Approx. $325.00
Virginia Tax Withholding: Approx. $145.00
Estimated Net Paycheck: $2,193.95
function calculateVirginiaPay() {
var gross = parseFloat(document.getElementById('grossSalary').value) || 0;
var status = document.getElementById('filingStatus').value;
var freq = parseInt(document.getElementById('frequency').value);
var preTax = parseFloat(document.getElementById('preTax').value) || 0;
var taxableAnnual = gross – preTax;
if (taxableAnnual < 0) taxableAnnual = 0;
// 1. Federal Tax (Simplified 2024 Brackets)
var fedStdDed = (status === 'single') ? 14600 : 29200;
var fedTaxable = taxableAnnual – fedStdDed;
if (fedTaxable 609350) fedTax = 174238.25 + (fedTaxable – 609350) * 0.37;
else if (fedTaxable > 243725) fedTax = 47197.50 + (fedTaxable – 243725) * 0.35;
else if (fedTaxable > 191950) fedTax = 30607.50 + (fedTaxable – 191950) * 0.32;
else if (fedTaxable > 100525) fedTax = 16290 + (fedTaxable – 100525) * 0.24;
else if (fedTaxable > 47150) fedTax = 5424 + (fedTaxable – 47150) * 0.22;
else if (fedTaxable > 11600) fedTax = 1160 + (fedTaxable – 11600) * 0.12;
else fedTax = fedTaxable * 0.10;
} else {
if (fedTaxable > 731200) fedTax = 186055 + (fedTaxable – 731200) * 0.37;
else if (fedTaxable > 487450) fedTax = 100742.50 + (fedTaxable – 487450) * 0.35;
else if (fedTaxable > 383900) fedTax = 67546.50 + (fedTaxable – 383900) * 0.32;
else if (fedTaxable > 201050) fedTax = 33580.50 + (fedTaxable – 201050) * 0.24;
else if (fedTaxable > 94300) fedTax = 10848 + (fedTaxable – 94300) * 0.22;
else if (fedTaxable > 23200) fedTax = 2320 + (fedTaxable – 23200) * 0.12;
else fedTax = fedTaxable * 0.10;
}
// 2. FICA (6.2% SS up to 168600 + 1.45% Medicare)
var ssTax = Math.min(gross, 168600) * 0.062;
var medTax = gross * 0.0145;
var totalFICA = ssTax + medTax;
// 3. Virginia State Tax
var vaStdDed = (status === 'single') ? 8500 : 17000;
var vaTaxable = taxableAnnual – vaStdDed;
if (vaTaxable 17000) {
vaTax = (3000 * 0.02) + (2000 * 0.03) + (12000 * 0.05) + ((vaTaxable – 17000) * 0.0575);
} else if (vaTaxable > 5000) {
vaTax = (3000 * 0.02) + (2000 * 0.03) + ((vaTaxable – 5000) * 0.05);
} else if (vaTaxable > 3000) {
vaTax = (3000 * 0.02) + ((vaTaxable – 3000) * 0.03);
} else {
vaTax = vaTaxable * 0.02;
}
// 4. Final Math
var totalAnnualTax = fedTax + totalFICA + vaTax;
var netAnnual = gross – totalAnnualTax – preTax;
var paycheck = netAnnual / freq;
// Formatting
function fmt(num) {
return '$' + num.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
}
document.getElementById('paycheckAmount').innerText = fmt(paycheck);
document.getElementById('resGross').innerText = fmt(gross);
document.getElementById('resFed').innerText = fmt(fedTax);
document.getElementById('resState').innerText = fmt(vaTax);
document.getElementById('resFICA').innerText = fmt(totalFICA);
document.getElementById('resNet').innerText = fmt(netAnnual);
document.getElementById('resultsArea').style.display = 'block';
}