Calculate Biweekly Paycheck

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Biweekly Paycheck Calculator

Calculate your net biweekly pay based on your gross annual salary and tax deductions.

Your Biweekly Net Pay:

Based on 26 pay periods per year.

Your Estimated Annual Net Pay:

Understanding Your Biweekly Paycheck

Receiving your salary on a biweekly schedule means you get paid every two weeks. This results in 26 paychecks per year, unlike a semimonthly schedule (24 paychecks) or a weekly schedule (52 paychecks). Understanding how your gross pay is transformed into your net pay is crucial for effective personal finance management.

How Biweekly Pay is Calculated:

The calculation involves taking your gross annual salary and subtracting all applicable taxes and deductions. The remaining amount is your net pay. Here's a breakdown of the typical components:

  • Gross Annual Salary: This is your total salary before any deductions are taken out.
  • Biweekly Gross Pay: To find this, you divide your Gross Annual Salary by the number of pay periods in a year. For a biweekly schedule, this is 26.

    Biweekly Gross Pay = Gross Annual Salary / 26
  • Deductions: These are amounts subtracted from your gross pay. The calculator uses common deduction categories:
    • Federal Income Tax: Calculated based on your federal tax rate percentage.

      Federal Tax Amount = (Biweekly Gross Pay * Federal Tax Rate) / 100
    • State Income Tax: Calculated similarly to federal tax, using your state tax rate. (Note: Some states have no income tax).

      State Tax Amount = (Biweekly Gross Pay * State Tax Rate) / 100
    • FICA Taxes: This covers Social Security and Medicare. The rate is typically fixed at 7.65% for employees.

      FICA Tax Amount = Biweekly Gross Pay * (FICA Tax Rate / 100)
    • Other Deductions: These can include health insurance premiums, retirement contributions (like 401(k) or 403(b) pre-tax contributions), life insurance, etc. These are often annual amounts that are then divided by 26 for biweekly deduction.

      Annual Other Deductions = Sum of all other annual deductions
      Biweekly Other Deductions = Annual Other Deductions / 26
  • Net Biweekly Pay: This is your take-home pay after all deductions.

    Net Biweekly Pay = Biweekly Gross Pay - Federal Tax Amount - State Tax Amount - FICA Tax Amount - Biweekly Other Deductions

Why Use This Calculator?

This calculator helps you estimate your take-home pay, enabling better budgeting and financial planning. Knowing your exact net income allows you to confidently allocate funds for savings, investments, bills, and discretionary spending. It's a fundamental tool for understanding your personal cash flow.

Important Considerations:

  • Tax rates and deduction amounts can vary significantly based on your individual circumstances, filing status, pre-tax vs. post-tax deductions, and local tax laws.
  • This calculator provides an estimate. Your actual paycheck may differ.
  • Always consult official pay stubs for precise figures and consult with a tax professional for personalized advice.
function calculateBiweeklyPay() { var grossAnnualSalary = parseFloat(document.getElementById("grossAnnualSalary").value); var federalTaxRate = parseFloat(document.getElementById("federalTaxRate").value); var stateTaxRate = parseFloat(document.getElementById("stateTaxRate").value); var ficaTaxRate = parseFloat(document.getElementById("ficaTaxRate").value); var otherDeductionsAnnual = parseFloat(document.getElementById("otherDeductions").value); var resultBiweeklyPay = document.getElementById("calculatedBiweeklyPay"); var resultAnnualPay = document.getElementById("calculatedAnnualPay"); var payFrequencyLabel = document.getElementById("payFrequencyLabel"); // Clear previous results and styles resultBiweeklyPay.textContent = "–"; resultAnnualPay.textContent = "–"; resultBiweeklyPay.style.color = "#28a745"; // Reset to success green // Input validation if (isNaN(grossAnnualSalary) || grossAnnualSalary < 0 || isNaN(federalTaxRate) || federalTaxRate 100 || isNaN(stateTaxRate) || stateTaxRate 100 || isNaN(ficaTaxRate) || ficaTaxRate 100 || isNaN(otherDeductionsAnnual) || otherDeductionsAnnual < 0) { alert("Please enter valid positive numbers for all fields. Tax rates must be between 0 and 100."); return; } var payPeriodsPerYear = 26; var biweeklyGrossPay = grossAnnualSalary / payPeriodsPerYear; var federalTaxAmount = (biweeklyGrossPay * federalTaxRate) / 100; var stateTaxAmount = (biweeklyGrossPay * stateTaxRate) / 100; var ficaTaxAmount = (biweeklyGrossPay * ficaTaxRate) / 100; var biweeklyOtherDeductions = otherDeductionsAnnual / payPeriodsPerYear; var netBiweeklyPay = biweeklyGrossPay – federalTaxAmount – stateTaxAmount – ficaTaxAmount – biweeklyOtherDeductions; // Ensure net pay is not negative if (netBiweeklyPay 0) { resultBiweeklyPay.style.color = "#dc3545"; // Indicate potential issue or zero net pay } }

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