Nevada Paycheck Calculator
Use this calculator to estimate your net pay per pay period in Nevada, taking into account federal taxes and common deductions. Nevada does not have a state income tax, which can significantly impact your take-home pay compared to residents in other states.
Bi-Weekly (26 pays/year)
Weekly (52 pays/year)
Semi-Monthly (24 pays/year)
Monthly (12 pays/year)
function calculatePaycheckNevada() {
// Get input values
var grossPay = parseFloat(document.getElementById('grossPay').value) || 0;
var payFrequency = document.getElementById('payFrequency').value;
var filingStatus = document.getElementById('filingStatus').value;
var federalAllowances = parseInt(document.getElementById('federalAllowances').value) || 0;
var additionalFederalWithholding = parseFloat(document.getElementById('additionalFederalWithholding').value) || 0;
var preTaxDeductions = parseFloat(document.getElementById('preTaxDeductions').value) || 0;
var postTaxDeductions = parseFloat(document.getElementById('postTaxDeductions').value) || 0;
// Ensure non-negative inputs
grossPay = Math.max(0, grossPay);
federalAllowances = Math.max(0, federalAllowances);
additionalFederalWithholding = Math.max(0, additionalFederalWithholding);
preTaxDeductions = Math.max(0, preTaxDeductions);
postTaxDeductions = Math.max(0, postTaxDeductions);
var periodsPerYear;
switch (payFrequency) {
case 'weekly':
periodsPerYear = 52;
break;
case 'bi-weekly':
periodsPerYear = 26;
break;
case 'semi-monthly':
periodsPerYear = 24;
break;
case 'monthly':
periodsPerYear = 12;
break;
default:
periodsPerYear = 26; // Default to bi-weekly
}
// 1. Calculate Taxable Gross Pay for Federal Income Tax
var taxableGrossPayForFIT = grossPay – preTaxDeductions;
if (taxableGrossPayForFIT < 0) taxableGrossPayForFIT = 0;
// 2. Federal Income Tax (FIT) Calculation (Simplified 2024 Percentage Method)
// Based on IRS Publication 15-T, Section 2, Percentage Method Tables
// Allowance amount for 2024 is $5,000 annually.
var annualAllowanceAmount = federalAllowances * 5000;
var annualizedTaxableGrossPay = taxableGrossPayForFIT * periodsPerYear;
var annualizedWithholdingIncome = annualizedTaxableGrossPay – annualAllowanceAmount;
if (annualizedWithholdingIncome < 0) annualizedWithholdingIncome = 0;
var federalTax = 0;
// Function to calculate annual federal tax based on annual income and filing status
function calculateAnnualFederalTax(annualIncome, status) {
var tax = 0;
if (status === 'single' || status === 'hoh') { // Head of Household uses Single tables for withholding
if (annualIncome <= 2500) {
tax = 0;
} else if (annualIncome <= 10500) {
tax = 0 + 0.10 * (annualIncome – 2500);
} else if (annualIncome <= 36400) {
tax = 800 + 0.12 * (annualIncome – 10500);
} else if (annualIncome <= 67600) {
tax = 3800 + 0.22 * (annualIncome – 36400);
} else if (annualIncome <= 127400) {
tax = 10700 + 0.24 * (annualIncome – 67600);
} else if (annualIncome <= 156000) {
tax = 24900 + 0.32 * (annualIncome – 127400);
} else if (annualIncome <= 647400) {
tax = 33900 + 0.35 * (annualIncome – 156000);
} else {
tax = 199800 + 0.37 * (annualIncome – 647400);
}
} else if (status === 'married') {
if (annualIncome <= 7500) {
tax = 0;
} else if (annualIncome <= 23400) {
tax = 0 + 0.10 * (annualIncome – 7500);
} else if (annualIncome <= 72800) {
tax = 1590 + 0.12 * (annualIncome – 23400);
} else if (annualIncome <= 135200) {
tax = 7470 + 0.22 * (annualIncome – 72800);
} else if (annualIncome <= 253800) {
tax = 21030 + 0.24 * (annualIncome – 135200);
} else if (annualIncome <= 309400) {
tax = 49000 + 0.32 * (annualIncome – 253800);
} else if (annualIncome <= 671000) {
tax = 67000 + 0.35 * (annualIncome – 309400);
} else {
tax = 192000 + 0.37 * (annualIncome – 671000);
}
}
return Math.max(0, tax);
}
var annualFederalTax = calculateAnnualFederalTax(annualizedWithholdingIncome, filingStatus);
federalTax = (annualFederalTax / periodsPerYear) + additionalFederalWithholding;
if (federalTax additionalMedicareThresholdSingle) {
additionalMedicareTax = (annualGrossPay – additionalMedicareThresholdSingle) * 0.009 / periodsPerYear;
}
} else if (filingStatus === 'married') {
if (annualGrossPay > additionalMedicareThresholdMarried) {
additionalMedicareTax = (annualGrossPay – additionalMedicareThresholdMarried) * 0.009 / periodsPerYear;
}
}
medicareTax += additionalMedicareTax;
if (medicareTax < 0) medicareTax = 0;
// 4. Nevada State Income Tax (0%)
var nevadaStateTax = 0;
// 5. Calculate Net Pay
var totalDeductions = federalTax + socialSecurityTax + medicareTax + preTaxDeductions + postTaxDeductions + nevadaStateTax;
var netPay = grossPay – totalDeductions;
// Display results
document.getElementById('grossPayOutput').innerText = '$' + grossPay.toFixed(2);
document.getElementById('federalTaxOutput').innerText = '$' + federalTax.toFixed(2);
document.getElementById('socialSecurityOutput').innerText = '$' + socialSecurityTax.toFixed(2);
document.getElementById('medicareTaxOutput').innerText = '$' + medicareTax.toFixed(2);
document.getElementById('preTaxDeductionsOutput').innerText = '$' + preTaxDeductions.toFixed(2);
document.getElementById('postTaxDeductionsOutput').innerText = '$' + postTaxDeductions.toFixed(2);
document.getElementById('netPayOutput').innerText = '$' + netPay.toFixed(2);
}
// Run calculation on page load with default values
window.onload = calculatePaycheckNevada;
Federal Withholding Information
Single Married Filing Jointly Head of HouseholdDeductions
Your Estimated Paycheck
Gross Pay: $0.00
Federal Income Tax: $0.00
Social Security Tax:
Medicare Tax: $0.00
Pre-Tax Deductions: $0.00
Post-Tax Deductions: $0.00
Net Pay: $0.00
Understanding Your Nevada Paycheck
Nevada is one of the few states in the U.S. that does not impose a state income tax on its residents. This is a significant advantage for employees in the Silver State, as it means a larger portion of their gross earnings goes directly into their pockets compared to those in states with high income taxes.
Key Components of Your Paycheck:
- Gross Pay: This is your total earnings before any taxes or deductions are taken out. It includes your regular wages, salary, commissions, bonuses, and any other compensation.
- Federal Income Tax: This is withheld from your paycheck and sent to the IRS. The amount depends on your gross pay, filing status (Single, Married Filing Jointly, Head of Household), and the number of allowances you claim on your W-4 form. The more allowances you claim, the less federal income tax is withheld, but you risk owing more at tax time if you claim too many.
- FICA Taxes (Social Security & Medicare): These are federal taxes that fund Social Security and Medicare programs.
- Social Security: As of 2024, employees contribute 6.2% of their wages up to an annual wage base limit of $168,600.
- Medicare: Employees contribute 1.45% of all wages, with no wage base limit. An additional Medicare tax of 0.9% applies to wages exceeding certain thresholds ($200,000 for single filers, $250,000 for married filing jointly).
- Nevada State Income Tax: 0%. That's right, Nevada does not have a state income tax!
- Deductions: These are amounts subtracted from your gross pay. They can be either pre-tax or post-tax.
- Pre-Tax Deductions: These are taken out before federal income tax is calculated, reducing your taxable income. Common examples include contributions to a 401(k) or traditional IRA, health insurance premiums, and Flexible Spending Account (FSA) contributions.
- Post-Tax Deductions: These are taken out after taxes have been calculated. Examples include Roth 401(k) contributions, union dues, garnishments, or certain types of insurance premiums.
- 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.
Optimizing Your Nevada Paycheck
Even without state income tax, managing your federal withholdings and deductions is crucial. Regularly review your W-4 form to ensure your allowances accurately reflect your financial situation. If you find yourself consistently owing a lot of tax or getting a very large refund, adjusting your W-4 can help you better manage your cash flow throughout the year.
Consider maximizing pre-tax deductions like 401(k) contributions, as these not only save you on federal income tax in the present but also help you save for retirement. Consult with a financial advisor to make the best choices for your personal circumstances.
Example Calculation:
Let's consider an example for a single individual in Nevada, paid bi-weekly:
- Gross Pay per Pay Period: $2,000
- Pay Frequency: Bi-Weekly
- Federal Filing Status: Single
- Federal Allowances: 1
- Additional Federal Withholding: $0
- Pre-Tax Deductions (e.g., 401k, Health Insurance): $100
- Post-Tax Deductions (e.g., Union Dues): $50
Based on these inputs, the calculator would estimate:
- Gross Pay: $2,000.00
- Federal Income Tax: ~$213.85
- Social Security Tax: $124.00 (6.2% of $2,000)
- Medicare Tax: $29.00 (1.45% of $2,000)
- Pre-Tax Deductions: $100.00
- Post-Tax Deductions: $50.00
- Net Pay: ~$1,483.15
(Note: The federal income tax calculation is an estimate based on simplified 2024 IRS withholding tables and may not perfectly match actual payroll calculations due to rounding or specific employer payroll system configurations.)