Typically 1 for yourself, 1 for spouse, and 1 per dependent.
Payroll Summary (Per Pay Period)
Gross Pay:
Federal Income Tax:
Social Security (6.2%):
Medicare (1.45%):
Virginia State Tax:
Take-Home Pay:
Understanding Virginia Payroll Taxes
Calculating your take-home pay in the Commonwealth of Virginia requires accounting for federal taxes, FICA contributions (Social Security and Medicare), and Virginia's progressive state income tax system. Unlike states with a flat tax, Virginia scales its rates based on your taxable income.
Virginia State Tax Brackets
As of 2024, Virginia's individual income tax is calculated using four brackets:
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.
Deductions and Exemptions
Virginia offers a standard deduction of $8,500 for single filers and $17,000 for married couples filing jointly. Additionally, taxpayers can claim a personal exemption of $930 for themselves, their spouse, and each dependent. These amounts are subtracted from your gross income to determine your "Virginia Taxable Income."
FICA Withholding
Regardless of which state you live in, the federal government mandates FICA (Federal Insurance Contributions Act) taxes. This consists of 6.2% for Social Security (up to the annual wage base limit) and 1.45% for Medicare. Employers match these contributions, but the employee portion is what you see deducted from your paycheck.
Example Calculation
If you earn an annual salary of $60,000 as a single filer in Virginia with one exemption:
Gross Monthly Pay: $5,000.00
Federal Tax (Estimated): ~$515.00
FICA (7.65%): $382.50
Virginia State Tax: After the $8,500 standard deduction and $930 exemption, your taxable state income is lower, resulting in a monthly state withholding of approximately $230.00.
Monthly Net Take-Home: ~$3,872.50
function calculateVirginiaPay() {
var grossInput = document.getElementById("grossPay").value;
var frequency = parseFloat(document.getElementById("payFrequency").value);
var status = document.getElementById("filingStatus").value;
var vaExemptions = parseInt(document.getElementById("vaExemptions").value) || 0;
if (!grossInput || grossInput 1) {
// If they entered a period amount, we convert to annual for tax bracket math
// Actually, common UX is to enter annual salary, but we handle both:
// If annualGross 1.
// Let's assume input IS annual if it's large, or per period if they choice frequency.
// Standard logic: Input is Gross Salary (Annual)
}
var annualFedTax = 0;
var standardDed = (status === "single") ? 14600 : 29200; // 2024 Federal
var taxableFed = Math.max(0, annualGross – standardDed);
// Simple 2024 Federal Progressive Approximation
if (status === "single") {
if (taxableFed <= 11600) annualFedTax = taxableFed * 0.10;
else if (taxableFed <= 47150) annualFedTax = 1160 + (taxableFed – 11600) * 0.12;
else if (taxableFed <= 100525) annualFedTax = 5426 + (taxableFed – 47150) * 0.22;
else annualFedTax = 17168.5 + (taxableFed – 100525) * 0.24;
} else {
if (taxableFed <= 23200) annualFedTax = taxableFed * 0.10;
else if (taxableFed <= 94300) annualFedTax = 2320 + (taxableFed – 23200) * 0.12;
else annualFedTax = 10852 + (taxableFed – 94300) * 0.22;
}
// FICA
var annualSS = Math.min(annualGross, 168600) * 0.062;
var annualMed = annualGross * 0.0145;
// Virginia State Tax
var vaStdDed = (status === "single") ? 8500 : 17000;
var vaExemptionAmt = vaExemptions * 930;
var vaTaxable = Math.max(0, annualGross – vaStdDed – vaExemptionAmt);
var annualVaTax = 0;
if (vaTaxable <= 3000) {
annualVaTax = vaTaxable * 0.02;
} else if (vaTaxable <= 5000) {
annualVaTax = 60 + (vaTaxable – 3000) * 0.03;
} else if (vaTaxable <= 17000) {
annualVaTax = 120 + (vaTaxable – 5000) * 0.05;
} else {
annualVaTax = 720 + (vaTaxable – 17000) * 0.0575;
}
// Period breakdown
var periodGross = annualGross / frequency;
var periodFed = annualFedTax / frequency;
var periodSS = annualSS / frequency;
var periodMed = annualMed / frequency;
var periodState = annualVaTax / frequency;
var periodNet = periodGross – periodFed – periodSS – periodMed – periodState;
// Display
document.getElementById("resGross").innerText = "$" + periodGross.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById("resFedTax").innerText = "$" + periodFed.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById("resSS").innerText = "$" + periodSS.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById("resMed").innerText = "$" + periodMed.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById("resStateTax").innerText = "$" + periodState.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById("resNet").innerText = "$" + periodNet.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById("vaResults").style.display = "block";
}