Paycheck Calculator (2024 Tax Year)

Estimate your US take-home pay after federal income tax, Social Security, Medicare, and state income tax for all 50 states + DC — from any salary or hourly wage, using 2024 tax year rules.

Figures use 2024 US federal rates; verify the current year at IRS.gov.

Estimates your US take-home pay using 2024 tax year federal income-tax brackets, FICA (Social Security & Medicare), and per-state income tax for all 50 states + DC (pick your state, or choose "Custom rate" to override). State tax is an estimate — it ignores local taxes, credits, exemptions, and special deductions, and uses 2024 rates. Verify with your state revenue department.Figures use 2024 US federal rates; verify the current year at IRS.gov.

Gross Pay ($)

Pay Frequency

State

Applies the 2024 state income tax automatically. Estimate only — excludes local taxes & credits.

Pre-tax Deductions / yr ($)

401(k), HSA, health premiums, etc.

Frequently Asked Questions

Which year are the tax brackets?

It uses 2024 US federal income-tax brackets and standard deductions, plus 2024 FICA rates and the Social Security wage base.

Does it include state taxes?

Yes — pick your state and it applies the 2024 state income tax automatically for all 50 states and DC, including flat-rate, progressive-bracket, and no-income-tax states. Prefer your own number? Choose "Custom rate" to override. State figures are estimates that ignore local taxes, credits, and special deductions, so verify with your state revenue department.

Is this exact?

No, it is an estimate. Real withholding depends on your W-4, allowances, locality, and any extra credits or deductions.

Understanding the Paycheck Calculator

The Paycheck Calculator estimates your US take-home (net) pay from any salary or hourly wage using 2024 tax year rules. Enter your gross pay and how often you are paid — annually, monthly, bi-weekly, weekly, or hourly with hours per week — then choose a filing status and, optionally, a flat state tax rate and yearly pre-tax deductions like a 401(k) or health premiums. It applies the 2024 federal income-tax brackets and standard deduction, FICA (Social Security and Medicare), and your state rate, then shows take-home pay per paycheck and per year, a line-by-line tax breakdown, your effective tax rate, and hourly/weekly/bi-weekly/monthly equivalents. Everything runs in your browser; nothing is stored or sent anywhere. Figures use 2024 US federal rates; verify the current year at IRS.gov.

How it works

First the tool annualizes your pay: an hourly rate is multiplied by hours per week and 52; weekly pay by 52; bi-weekly by 26; monthly by 12. Pre-tax deductions are subtracted to get the wage base for federal income tax, then the 2024 tax year standard deduction for your filing status is removed and the remaining taxable income is run through the progressive 2024 brackets. FICA is charged on gross wages: Social Security at 6.2% up to the 2024 $168,600 wage base, Medicare at 1.45% on all wages plus an extra 0.9% above $200,000. State tax is a flat percentage of gross. Net pay is gross minus every tax and deduction, divided by your pay periods. Because rates and thresholds change yearly, confirm the figures for the current tax year at IRS.gov before relying on them.

Annual gross = rate × hours/week × 52 (hourly) | pay × 52/26/12/1. Federal tax = 2024 brackets applied to (gross − pre-tax − 2024 standard deduction). FICA = 6.2% × min(gross, 168,600) + 1.45% × gross + 0.9% × max(0, gross − 200,000). State = rate% × gross. Net = gross − federal − FICA − state − pre-tax. Effective rate = total tax ÷ gross.

Worked example

Using 2024 tax year figures, a single filer earning $65,000 a year with no pre-tax deductions and a 5% state rate: the standard deduction ($14,600) leaves $50,400 taxable, giving about $6,308 in federal income tax. FICA adds 6.2% Social Security ($4,030) and 1.45% Medicare ($942.50). State tax is 5% of $65,000 = $3,250. Total tax is roughly $14,531, leaving about $50,469 net per year — close to $1,941 per bi-weekly paycheck and an effective tax rate near 22.4%.

Tips & common mistakes

These figures use the 2024 US federal brackets, standard deduction, and FICA wage base — verify the current tax year's numbers at IRS.gov before relying on the result.
Set the state rate to 0 if you live in a no-income-tax state like Texas, Florida, or Washington.
For hourly jobs, enter your true average hours per week — overtime and part-time swings change the annual estimate a lot.
Pre-tax 401(k) and HSA contributions lower your federal taxable income here, so adding them shows a more realistic net.
This estimate excludes tax credits (like the Child Tax Credit), local city taxes, and post-tax deductions, so real net pay can differ.
Withholding on your actual paycheck is driven by your W-4 — use the IRS Tax Withholding Estimator to fine-tune it.
Use the export bar to copy or download the breakdown when comparing job offers side by side.

Sources & methodology

• IRS Revenue Procedure 2023-34 — 2024 federal tax brackets and standard deductions
• IRS Topic No. 751 — Social Security and Medicare (FICA) withholding rates
• Social Security Administration — 2024 taxable maximum (wage base) of $168,600
• IRS — Additional Medicare Tax (0.9% on wages above $200,000)
• IRS.gov — verify current-year tax brackets, standard deductions, and FICA limits

Reviewed by the TopOpenTools editorial team · Last updated June 2026. These tools provide general estimates for educational purposes only and are not financial, tax, insurance, investment, or medical advice. Verify important decisions with a qualified professional.