Net Income Calculator
Calculate your estimated take-home pay after taxes, FICA, and pre/post-tax deductions.
Calculate your estimated take-home pay after taxes, FICA, and pre/post-tax deductions.
Your total salary before any deductions.
401k, HSA, etc.
Your state's income tax rate.
Your gross salary is reduced by federal income tax (progressive brackets), state income tax, FICA taxes (Social Security 6.2% + Medicare 1.45%), and any pre-tax deductions like 401k or HSA contributions.
Net Pay = Gross Salary − Federal Tax − State Tax − Social Security − Medicare − Pre-Tax DeductionsA single filer earning $60,000 with a 5% state tax rate and $3,000 in 401k contributions will pay roughly $7,000 in federal tax, $3,000 in state tax, and $4,590 in FICA, resulting in approximately $3,615/month take-home.
A married couple earning $120,000 combined benefit from a $29,200 standard deduction, which significantly reduces their taxable income and lowers their effective federal tax rate compared to filing as two single filers.
Federal tax is computed using 2024 IRS brackets. The standard deduction ($14,600 single / $29,200 married) is applied before brackets. State tax uses a flat rate. FICA caps Social Security at $168,600 of wages.