Paycheck Breakdown Calculator

Get a detailed breakdown of your paycheck including federal taxes, FICA, and take-home pay.

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Paycheck Breakdown

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Enter your salary information to see the breakdown

Understanding Your Paycheck

Federal Taxes

Federal income tax is calculated based on your income level, filing status, and allowances. The U.S. uses a progressive tax system with rates ranging from 10% to 37%.

FICA Taxes

FICA includes Social Security (6.2%) and Medicare (1.45%) taxes. These are flat rates applied to your gross income, with Social Security capped at $160,200 for 2023.

About this calculator

A paycheck breakdown separates gross pay into estimated taxes, payroll deductions, and net take-home pay.

Basic formula: Net pay = gross pay - taxes - pre-tax and post-tax deductions.

This free tool provides an estimate from the values you enter so you can compare scenarios and make more informed planning decisions. Results can differ from employer payroll systems, tax filings, lender calculations, or professional advice.

For paycheck and tax estimates, review our calculation methodology and official IRS and SSA sources. Tax rules and limits can change, so verify important decisions with the relevant authority or a qualified professional.

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Transparent and privacy-conscious

We explain calculator limitations, link to source material where relevant, and provide clear privacy and disclaimer pages. Do not enter sensitive identifiers such as Social Security numbers.