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Payroll & Paystub Calculator

Calculate gross earnings, federal/state tax deductions, retirement contributions, and net take-home pay with itemized paystub generation.

Free Online Payroll & Salary Take-Home Pay Calculator

Estimate salary take-home pay across different pay frequencies (Annual, Monthly, Bi-Weekly, Weekly) with customizable income tax rates, Social Security/FICA deductions, Medicare, 401(k) retirement contributions, and hourly overtime multipliers.

1. Earnings & Pay Frequency

2. Taxes & Benefits Deductions

Click "Calculate Payroll" to inspect your take-home pay.

What is a Payroll Calculator?

A Payroll Calculator estimates net salary, mandatory payroll taxes (Federal, State, FICA, Medicare), and voluntary deductions (401k retirement plans, health insurance) per pay period and annually. It helps employers calculate payroll liabilities and enables employees to understand their actual take-home pay.

How to use it

  1. Select whether you are paid an Annual Salary or an Hourly Wage (including optional overtime hours).
  2. Choose your Pay Frequency (Monthly, Semi-Monthly, Bi-Weekly, or Weekly).
  3. Adjust Federal, State/Local, Social Security (FICA), Medicare tax rates, and health insurance or 401(k) deductions.
  4. Click Calculate Payroll to view your itemized paystub breakdown, progress distribution chart, and net take-home pay.

Frequently Asked Questions (FAQ)

What is FICA tax?

FICA stands for the Federal Insurance Contributions Act. It consists of Social Security tax (6.2% up to the wage base limit) and Medicare tax (1.45%), which are withheld from employee paychecks.

How many pay periods are in a Bi-Weekly vs Semi-Monthly schedule?

Bi-Weekly payroll occurs every two weeks, resulting in 26 paychecks per year. Semi-Monthly payroll occurs twice a month (e.g. 1st and 15th), resulting in 24 paychecks per year.

How is overtime calculated for hourly workers?

Standard overtime is calculated at 1.5 times (time and a half) the employee's regular hourly rate for any hours worked beyond 40 hours per week.

Are 401(k) contributions pre-tax or post-tax?

Traditional 401(k) contributions are deducted pre-tax from your gross income, reducing your taxable income subject to federal and state income taxes.

SEO & Web Development Applications

Providing accurate payroll calculations, tax breakdown tools, and downloadable paystubs builds user engagement, improves organic search rankings for salary and financial queries, and provides essential developer utilities for HR and finance software systems.

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