Paycheck Calculator Wi

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Wisconsin Paycheck Calculator

Use this calculator to estimate your net pay per pay period in Wisconsin, taking into account federal and state taxes, as well as common deductions. Please note that this calculator provides estimates and should not be considered financial or tax advice. Tax laws and rates can change, and individual situations may vary.

Bi-weekly (26x per year) Weekly (52x per year) Semi-monthly (24x per year) Monthly (12x per year)

Federal Tax Information

Single Married Filing Jointly

Enter total dependents and other credits. For simplicity, each allowance is treated as a $4,700 reduction in annual taxable income for this calculator.

Wisconsin State Tax Information

Single Married Filing Jointly

Enter total allowances claimed on your Wisconsin WT-4. For simplicity, each allowance is treated as a $2,000 reduction in annual taxable income for this calculator.

Deductions

function calculatePaycheck() { // Get input values var grossPayPerPeriod = parseFloat(document.getElementById('grossPayPerPeriod').value); var payFrequency = document.getElementById('payFrequency').value; var federalFilingStatus = document.getElementById('federalFilingStatus').value; var federalAllowances = parseInt(document.getElementById('federalAllowances').value); var wiFilingStatus = document.getElementById('wiFilingStatus').value; var wiAllowances = parseInt(document.getElementById('wiAllowances').value); var preTaxDeductionsPerPeriod = parseFloat(document.getElementById('preTaxDeductionsPerPeriod').value); var postTaxDeductionsPerPeriod = parseFloat(document.getElementById('postTaxDeductionsPerPeriod').value); // Validate inputs if (isNaN(grossPayPerPeriod) || grossPayPerPeriod < 0) { document.getElementById('result').innerHTML = 'Please enter a valid Gross Pay per Pay Period.'; return; } if (isNaN(federalAllowances) || federalAllowances < 0) { document.getElementById('result').innerHTML = 'Please enter a valid number for Federal Allowances.'; return; } if (isNaN(wiAllowances) || wiAllowances < 0) { document.getElementById('result').innerHTML = 'Please enter a valid number for Wisconsin Allowances.'; return; } if (isNaN(preTaxDeductionsPerPeriod) || preTaxDeductionsPerPeriod < 0) { document.getElementById('result').innerHTML = 'Please enter a valid amount for Pre-tax Deductions.'; return; } if (isNaN(postTaxDeductionsPerPeriod) || postTaxDeductionsPerPeriod < 0) { document.getElementById('result').innerHTML = 'Please enter a valid amount for Post-tax Deductions.'; return; } // Determine pay periods per year var payPeriodsPerYear; switch (payFrequency) { case 'weekly': payPeriodsPerYear = 52; break; case 'bi-weekly': payPeriodsPerYear = 26; break; case 'semi-monthly': payPeriodsPerYear = 24; break; case 'monthly': payPeriodsPerYear = 12; break; default: payPeriodsPerYear = 26; // Default to bi-weekly } // Annualized values var annualGrossPay = grossPayPerPeriod * payPeriodsPerYear; var annualPreTaxDeductions = preTaxDeductionsPerPeriod * payPeriodsPerYear; // — FICA Taxes (Social Security & Medicare) — var socialSecurityLimit = 168600; // 2024 limit var socialSecurityTaxable = Math.min(annualGrossPay, socialSecurityLimit); var socialSecurityTax = socialSecurityTaxable * 0.062; // 6.2% var medicareTax = annualGrossPay * 0.0145; // 1.45% var totalAnnualFicaTax = socialSecurityTax + medicareTax; var ficaTaxPerPeriod = totalAnnualFicaTax / payPeriodsPerYear; // — Federal Income Tax — var annualFederalTaxableIncome = annualGrossPay – annualPreTaxDeductions; var federalStandardDeduction; if (federalFilingStatus === 'single') { federalStandardDeduction = 14600; // 2024 Single } else { // married federalStandardDeduction = 29200; // 2024 Married Filing Jointly } var federalAllowanceReduction = federalAllowances * 4700; // Conceptual value for calculator var adjustedAnnualFederalTaxableIncome = annualFederalTaxableIncome – federalStandardDeduction – federalAllowanceReduction; adjustedAnnualFederalTaxableIncome = Math.max(0, adjustedAnnualFederalTaxableIncome); var annualFederalTax = calculateFederalTax(adjustedAnnualFederalTaxableIncome, federalFilingStatus); var federalTaxPerPeriod = annualFederalTax / payPeriodsPerYear; // — Wisconsin State Income Tax — var annualWITaxableIncome = annualGrossPay – annualPreTaxDeductions; var wiStandardDeduction; if (wiFilingStatus === 'single') { wiStandardDeduction = 12200; // Simplified for calculator, varies by AGI } else { // married wiStandardDeduction = 18000; // Simplified for calculator, varies by AGI } var wiAllowanceReduction = wiAllowances * 2000; // Conceptual value for calculator var adjustedAnnualWITaxableIncome = annualWITaxableIncome – wiStandardDeduction – wiAllowanceReduction; adjustedAnnualWITaxableIncome = Math.max(0, adjustedAnnualWITaxableIncome); var annualWITax = calculateWITax(adjustedAnnualWITaxableIncome, wiFilingStatus); var wiTaxPerPeriod = annualWITax / payPeriodsPerYear; // — Net Pay Calculation — var totalDeductionsPerPeriod = ficaTaxPerPeriod + federalTaxPerPeriod + wiTaxPerPeriod + postTaxDeductionsPerPeriod; var netPayPerPeriod = grossPayPerPeriod – totalDeductionsPerPeriod; // Display results var resultsHtml = '

Estimated Paycheck Summary

'; resultsHtml += 'Gross Pay per Period: $' + grossPayPerPeriod.toFixed(2) + "; resultsHtml += 'Pre-tax Deductions: $' + preTaxDeductionsPerPeriod.toFixed(2) + "; resultsHtml += 'Federal Income Tax: $' + federalTaxPerPeriod.toFixed(2) + "; resultsHtml += 'Social Security Tax: $' + (socialSecurityTax / payPeriodsPerYear).toFixed(2) + "; resultsHtml += 'Medicare Tax: $' + (medicareTax / payPeriodsPerYear).toFixed(2) + "; resultsHtml += 'Wisconsin State Tax: $' + wiTaxPerPeriod.toFixed(2) + "; resultsHtml += 'Post-tax Deductions: $' + postTaxDeductionsPerPeriod.toFixed(2) + "; resultsHtml += 'Net Pay per Period: $' + netPayPerPeriod.toFixed(2) + "; document.getElementById('result').innerHTML = resultsHtml; } // — Helper function for Federal Tax Calculation (Simplified 2024 Brackets) — function calculateFederalTax(taxableIncome, filingStatus) { var tax = 0; if (taxableIncome <= 0) return 0; if (filingStatus === 'single') { if (taxableIncome <= 11600) { tax = taxableIncome * 0.10; } else if (taxableIncome <= 47150) { tax = 1160 + (taxableIncome – 11600) * 0.12; } else if (taxableIncome <= 100525) { tax = 5426 + (taxableIncome – 47150) * 0.22; } else if (taxableIncome <= 191950) { tax = 17167.50 + (taxableIncome – 100525) * 0.24; } else if (taxableIncome <= 243725) { tax = 39111.50 + (taxableIncome – 191950) * 0.32; } else if (taxableIncome <= 609350) { tax = 55678.50 + (taxableIncome – 243725) * 0.35; } else { tax = 183647.25 + (taxableIncome – 609350) * 0.37; } } else if (filingStatus === 'married') { if (taxableIncome <= 23200) { tax = taxableIncome * 0.10; } else if (taxableIncome <= 94300) { tax = 2320 + (taxableIncome – 23200) * 0.12; } else if (taxableIncome <= 201050) { tax = 10852 + (taxableIncome – 94300) * 0.22; } else if (taxableIncome <= 383900) { tax = 34335 + (taxableIncome – 201050) * 0.24; } else if (taxableIncome <= 487450) { tax = 78223 + (taxableIncome – 383900) * 0.32; } else if (taxableIncome <= 731200) { tax = 111357 + (taxableIncome – 487450) * 0.35; } else { tax = 195854.50 + (taxableIncome – 731200) * 0.37; } } return tax; } // — Helper function for Wisconsin State Tax Calculation (Simplified 2023 Brackets) — function calculateWITax(taxableIncome, filingStatus) { var tax = 0; if (taxableIncome <= 0) return 0; if (filingStatus === 'single') { if (taxableIncome <= 14630) { tax = taxableIncome * 0.035; } else if (taxableIncome <= 29250) { tax = 512.05 + (taxableIncome – 14630) * 0.044; } else if (taxableIncome <= 322500) { tax = 1155.33 + (taxableIncome – 29250) * 0.053; } else { tax = 16900.88 + (taxableIncome – 322500) * 0.0765; } } else if (filingStatus === 'married') { if (taxableIncome <= 19500) { tax = taxableIncome * 0.035; } else if (taxableIncome <= 39000) { tax = 682.50 + (taxableIncome – 19500) * 0.044; } else if (taxableIncome <= 429990) { tax = 1542.50 + (taxableIncome – 39000) * 0.053; } else { tax = 23000.97 + (taxableIncome – 429990) * 0.0765; } } return tax; } .calculator-container { font-family: 'Segoe UI', Tahoma, Geneva, Verdana, sans-serif; background-color: #f9f9f9; padding: 25px; border-radius: 8px; box-shadow: 0 4px 12px rgba(0, 0, 0, 0.08); max-width: 700px; margin: 20px auto; border: 1px solid #e0e0e0; } .calculator-container h2 { color: #2c3e50; text-align: center; margin-bottom: 20px; font-size: 1.8em; } .calculator-container h3 { color: #34495e; margin-top: 25px; margin-bottom: 15px; font-size: 1.3em; border-bottom: 1px solid #eee; padding-bottom: 5px; } .calculator-container p { color: #555; line-height: 1.6; margin-bottom: 10px; } .calc-input-group { margin-bottom: 18px; display: flex; flex-direction: column; } .calc-input-group label { margin-bottom: 8px; color: #333; font-weight: bold; font-size: 0.95em; } .calc-input-group input[type="number"], .calc-input-group select { padding: 10px 12px; border: 1px solid #ccc; border-radius: 5px; font-size: 1em; width: 100%; box-sizing: border-box; transition: border-color 0.3s ease; } .calc-input-group input[type="number"]:focus, .calc-input-group select:focus { border-color: #007bff; outline: none; box-shadow: 0 0 0 2px rgba(0, 123, 255, 0.25); } .calc-input-group .help-text { font-size: 0.85em; color: #777; margin-top: 5px; margin-bottom: 0; } button { background-color: #28a745; color: white; padding: 12px 25px; border: none; border-radius: 5px; font-size: 1.1em; cursor: pointer; transition: background-color 0.3s ease, transform 0.2s ease; display: block; width: 100%; margin-top: 25px; } button:hover { background-color: #218838; transform: translateY(-1px); } button:active { transform: translateY(0); } .calc-results { margin-top: 30px; padding: 20px; background-color: #e9f7ef; border: 1px solid #d4edda; border-radius: 8px; } .calc-results h3 { color: #28a745; text-align: center; margin-top: 0; margin-bottom: 15px; font-size: 1.5em; border-bottom: none; padding-bottom: 0; } .calc-results p { font-size: 1.05em; margin-bottom: 8px; color: #333; } .calc-results p.highlight { font-size: 1.3em; color: #007bff; font-weight: bold; text-align: center; margin-top: 15px; padding-top: 10px; border-top: 1px dashed #cce5ff; } .calc-results .error { color: #dc3545; font-weight: bold; text-align: center; }

Understanding Your Wisconsin Paycheck

A paycheck calculator for Wisconsin helps you understand how your gross earnings are reduced by various taxes and deductions to arrive at your net pay. This is crucial for budgeting and financial planning, as your take-home pay can be significantly different from your stated salary or hourly wage.

Key Components of Your Paycheck:

  • Gross Pay: This is your total earnings before any taxes or deductions are withheld. It's calculated based on your hourly rate and hours worked, or your salary.
  • Pre-tax Deductions: These are amounts taken out of your gross pay before taxes are calculated. Common examples include contributions to a 401(k) or traditional IRA, health insurance premiums, and Flexible Spending Account (FSA) contributions. These deductions reduce your taxable income, meaning you pay less in federal and state income taxes.
  • Federal Income Tax: The amount withheld for the U.S. federal government. This is determined by your gross pay, filing status (Single, Married Filing Jointly, etc.), and the allowances you claim on your W-4 form. The more allowances you claim, the less tax is withheld, but you risk owing more at tax time if you claim too many.
  • FICA Taxes (Social Security & Medicare): These are mandatory federal taxes that fund Social Security and Medicare programs.
    • Social Security: A 6.2% tax on your earnings up to an annual limit (e.g., $168,600 for 2024).
    • Medicare: A 1.45% tax on all your earnings, with no income limit.
  • Wisconsin State Income Tax: Similar to federal income tax, this is withheld for the state of Wisconsin. The amount depends on your gross pay, filing status, and allowances claimed on your Wisconsin WT-4 form. Wisconsin has a progressive tax system, meaning higher earners pay a higher percentage of their income in taxes.
  • Post-tax Deductions: These are amounts taken out of your pay after all taxes have been calculated and withheld. Examples include Roth 401(k) contributions, union dues, garnishments, or certain charitable contributions. These deductions do not reduce your taxable income.
  • 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.

How to Use This Calculator:

  1. Enter Your Gross Pay: Input your total earnings for one pay period.
  2. Select Your Pay Frequency: Choose how often you get paid (e.g., weekly, bi-weekly).
  3. Provide Federal Tax Info: Select your federal filing status and the number of allowances you claim on your W-4.
  4. Provide Wisconsin Tax Info: Select your Wisconsin filing status and the number of allowances you claim on your WT-4.
  5. Add Deductions: Enter any pre-tax and post-tax deductions you have per pay period.
  6. Calculate: Click the "Calculate Paycheck" button to see your estimated net pay and a breakdown of deductions.

Important Disclaimer:

This Wisconsin Paycheck Calculator provides estimates based on simplified tax assumptions and current (as of 2024 for federal, 2023 for WI) tax rates and limits. It is not intended to provide tax or financial advice. Actual withholdings may vary due to specific payroll system calculations, additional local taxes, or other unique circumstances. For precise calculations or tax advice, please consult a qualified tax professional or your employer's payroll department.

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