Net Salary Calculator
Estimate your take-home pay after federal and state taxes. This tool considers IRS tax brackets, FICA (Social Security & Medicare), and various state income tax rates to give you an accurate financial picture for 2024-2025.
Calculation Summary
| Gross Salary | $0 |
| Federal Income Tax | $0 |
| State Income Tax | $0 |
| FICA (SS & Medicare) | $0 |
| Other Deductions | $0 |
| Annual Net Salary | $0 |
| Monthly Take-home | $0 |
How to Calculate Your Net Salary in the USA
Understanding your take-home pay is crucial for budgeting. Your gross income isn't what you see in your bank account due to several mandatory and voluntary deductions...
1. Federal Income Tax
The US uses a progressive tax system. Depending on your filing status (Single, Married), your income is taxed at different rates ranging from 10% to 37%.
2. FICA Taxes
FICA stands for the Federal Insurance Contributions Act. It includes Social Security (6.2%) and Medicare (1.45%) taxes. These are typically fixed percentages of your gross income.
3. State Income Tax
Some states like Texas and Florida have no income tax, while others like California or New York have progressive rates that can significantly impact your net pay.
4. Pre-tax Deductions
Contributing to a 401(k) or health insurance premiums can lower your taxable income, potentially moving you into a lower tax bracket.
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