Use this calculator to estimate your net pay per pay period in New Hampshire, considering federal taxes, FICA, and common deductions. New Hampshire does not levy a state income tax on wages.
Weekly
Bi-weekly
Semi-monthly
Monthly
Single
Married Filing Jointly
Head of Household
(Based on simplified W-4, for estimation only)
Understanding Your New Hampshire Paycheck
New Hampshire is one of the few states that does not impose a general state income tax on wages. This means that for most employees, your paycheck will not have a deduction for state income tax, which can significantly impact your take-home pay compared to residents of other states.
Key Components of Your Paycheck:
Gross Pay: This is your total earnings before any deductions. It's calculated based on your annual salary or your hourly wage multiplied by the hours worked.
Pre-Tax Deductions: These are amounts subtracted from your gross pay before taxes are calculated. Common examples include contributions to a 401(k) or 403(b) retirement plan, health insurance premiums, and Flexible Spending Account (FSA) contributions. These deductions reduce your taxable income, lowering your federal income tax liability.
Federal Income Tax: This is the tax you pay to the U.S. government. The amount withheld from each paycheck depends on your gross pay, filing status (Single, Married Filing Jointly, Head of Household), and the information you provide on your W-4 form (such as dependents and other adjustments). Our calculator uses a simplified allowance system for estimation.
FICA Taxes (Social Security & Medicare): These are federal taxes that fund Social Security and Medicare programs.
Social Security: As of 2024, the rate is 6.2% of your gross pay, up to an annual wage base limit of $168,600.
Medicare: The rate is 1.45% of all your gross pay, with no wage base limit. An additional Medicare tax of 0.9% applies to wages above certain thresholds ($200,000 for single filers, $250,000 for married filing jointly).
New Hampshire State Income Tax: For wages, this is 0%. New Hampshire does have a 5% tax on interest and dividends over certain thresholds, but this does not apply to earned wages.
Post-Tax Deductions: These are amounts subtracted from your pay *after* taxes have been calculated. Examples include Roth 401(k) contributions, union dues, charitable contributions, or garnishments.
Net Pay: This is your take-home pay – the amount you actually receive after all taxes and deductions have been subtracted from your gross pay.
Important Considerations:
This calculator provides an estimate. Actual withholding can vary based on specific tax laws, your employer's payroll system, and any additional elections you make on your W-4 form. It's always a good idea to review your pay stubs regularly and consult with a tax professional for personalized advice.
Example Calculation:
Let's use the default values in the calculator:
Annual Gross Pay: $75,000
Pay Frequency: Bi-weekly (26 pay periods per year)
Federal Filing Status: Single
Federal Withholding Allowances: 1
Additional Federal Withholding: $0
Pre-Tax Deductions per Pay Period: $150
Post-Tax Deductions per Pay Period: $25
Here's a breakdown of the estimated bi-weekly paycheck:
Gross Pay per Pay Period: $75,000 / 26 = $2,884.62
Pre-Tax Deductions: $150.00
Estimated Federal Income Tax: Approximately $371.58 (calculated based on annualized taxable income and 2024 tax brackets, adjusted for allowances)
Gross Pay per Pay Period: $${payPeriodGrossPay.toFixed(2)}
Pre-Tax Deductions: $${preTaxDeductions.toFixed(2)}
Federal Income Tax Withheld: $${federalIncomeTaxPerPeriod.toFixed(2)}
Social Security Tax: $${socialSecurityTax.toFixed(2)}
Medicare Tax: $${medicareTax.toFixed(2)}
Additional Medicare Tax: $${additionalMedicareTax.toFixed(2)}
New Hampshire State Income Tax: $${nhStateIncomeTax.toFixed(2)}
Post-Tax Deductions: $${postTaxDeductions.toFixed(2)}
Estimated Net Pay:$${netPay.toFixed(2)}Note: This is an estimate based on 2024 tax laws and simplified withholding calculations. Your actual paycheck may vary.
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