Net Income Calculator

Calculate your take-home pay after taxes & deductions

Full Salary Breakdown | Federal + State + FICA
Employment Details
Annual Gross Income ($)
Filing Status
State
Pay Frequency
401(k) Contribution (%)
Health Insurance ($/month)
Calculations include: Federal Income Tax (2024 brackets), FICA (Social Security 6.2% + Medicare 1.45%), State Income Tax, and pre-tax deductions.
Your Net Income Breakdown
Net Annual Income
$0
Your take-home pay after all taxes & deductions
Tax & Deduction Breakdown
Per Paycheck Breakdown
Complete Tax Breakdown
Federal, State, FICA - all taxes calculated accurately
Multiple Pay Frequencies
See your net income yearly, monthly, bi-weekly, weekly, or hourly
Pre-Tax Deductions
401(k), Health Insurance, and other pre-tax benefits

Frequently Asked Questions

What is net income?
Net income is your take-home pay after all deductions including federal tax, state tax, Social Security, Medicare, and pre-tax benefits like 401(k) and health insurance.
What are FICA taxes?
FICA taxes include Social Security (6.2% up to $168,600) and Medicare (1.45% with no cap). These are mandatory payroll taxes.
How are federal taxes calculated?
Federal taxes use marginal tax brackets. For 2024: 10% ($0-11,600), 12% ($11,601-47,150), 22% ($47,151-100,525), and higher brackets for higher incomes.
Are pre-tax deductions included?
Yes! 401(k) contributions and health insurance premiums are deducted before taxes, reducing your taxable income.
Is this calculator accurate?
This calculator provides estimates based on 2024 tax brackets. For exact figures, consult a tax professional.
Can I use it for hourly employees?
Absolutely! Select "Hourly" pay frequency and enter your hours per week to see your net hourly rate.
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Net Income Calculator - Know Your Take-Home Pay

Our Net Income Calculator helps you understand exactly how much you'll take home after all taxes and deductions. Whether you're salaried or hourly, this calculator provides a complete breakdown of your earnings.

What's included: Federal income tax (marginal brackets), FICA (Social Security & Medicare), state income tax, 401(k) contributions, health insurance premiums, and more.

Perfect for: Salary negotiations, job offers comparison, financial planning, budgeting, and understanding your true take-home pay.

Pay frequencies supported: Yearly, monthly, bi-weekly (26 paychecks), weekly (52 paychecks), and hourly rates.