How accurate are the tax calculations?

The calculator uses current 2024 federal tax brackets, standard deductions, and state tax rates. However, it provides estimates and should not be considered as professional tax advice. Actual tax liability may vary based on specific circumstances, deductions, and tax credits.

What filing statuses are supported?

The calculator supports Single, Married Filing Jointly, and Head of Household filing statuses. Each status has different standard deduction amounts and tax brackets that affect your calculation results.

Does this include state taxes?

Yes, the calculator includes state income tax calculations for all 50 US states. You can select your state from the dropdown menu, or choose 'No State Tax' for states without income tax.

What are FICA taxes and are they included?

FICA taxes include Social Security (6.2% up to the wage base) and Medicare (1.45% on all wages). These are mandatory payroll deductions that are automatically included in the calculation.

Can I include retirement contributions?

Yes, you can include 401(k), 403(b), or other pre-tax retirement contributions in the 'Other Annual Deductions' field. This will reduce your taxable income and increase your take-home pay.

How do dependents affect my taxes?

The calculator includes a simplified dependent deduction of $2,000 per dependent. This reduces your taxable income, potentially lowering your overall tax liability and increasing your take-home pay.

What is the difference between gross and net income?

Gross income is your total salary before any deductions. Net income (take-home pay) is what remains after federal taxes, state taxes, Social Security, Medicare, and other payroll deductions are subtracted.

Can I save or export my calculation results?

Yes, you can copy the results to your clipboard or download a detailed tax calculation report as a text file. This report includes all tax breakdowns and can be useful for financial planning or sharing with tax professionals.

Salary Tax Calculator

Decode your true earning potential with precise take-home pay calculations after federal, state, Social Security, and Medicare deductions. Essential for salary negotiations, financial planning, and paycheck optimization with detailed breakdown analysis.

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Common Salary Scenarios

Popular income levels for quick tax estimation

Salary & Tax Information

Enter your salary details and tax information for accurate calculations.

Annual Salary

Filing Status

State

Number of Dependents

Other Annual Deductions ($)

How it works: Enter your gross salary, filing status, and state. The calculator automatically applies 2024 tax brackets, standard deductions, and FICA taxes (Social Security + Medicare).

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