$Take-Home Pay Calculator

Take-Home Pay Calculator

Find out exactly how much of your paycheck you keep after federal, state, Social Security, and Medicare taxes. Updated for the 2026 tax year — for all 50 states and Washington, D.C.

Your details

$

Estimated take-home pay

$61,592.50/ year

$61,593 per year · 82.1% of gross · 17.9% effective tax rate

Annual gross$75,000
Federal income tax$7,670
Social Security$4,650
Medicare$1,088
Take-home (net)$61,593

Estimate based on 2026 federal rates and the latest published state rates. For planning only — not tax advice. Excludes local taxes, SDI, and other withholdings.

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How take-home pay is calculated

Your take-home (net) pay is your gross pay minus taxes and pre-tax deductions. The biggest pieces are federal income tax (a progressive bracket system), Social Security (6.2% up to the annual wage base), Medicare (1.45%), and — depending on where you live — state income tax. Pre-tax contributions like a traditional 401(k) lower your income tax but not Social Security and Medicare. This calculator applies the 2026 federal brackets and each state's current rates to estimate your net pay for any salary or hourly wage.

Frequently asked questions

How do I calculate my take-home pay?

Start with your gross pay, then subtract federal income tax, Social Security (6.2%), Medicare (1.45%), and any state income tax. Pre-tax deductions such as a traditional 401(k) reduce your taxable income. This calculator does all of that automatically for the 2026 tax year — just enter your salary, state, and filing status.

What is the difference between gross pay and net pay?

Gross pay is your total earnings before any deductions. Net pay — also called take-home pay — is what actually lands in your bank account after taxes and pre-tax deductions are withheld.

Which states have no income tax?

Nine states have no state income tax on wages: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. In those states only federal income tax, Social Security, and Medicare are withheld.

Does a 401(k) contribution increase my take-home pay?

A traditional 401(k) lowers your taxable income, so it reduces your income tax — but the contribution still leaves your paycheck (it goes into your retirement account), and it does not reduce Social Security or Medicare taxes. Use the 401(k) slider above to see the effect on both your taxes and your take-home cash.