finance ToolUpdated 2026-09-20
Payroll & Take-Home Paycheck Calculator
Determine your true take-home pay after mandatory taxes and deductions. Enter your gross wage to calculate federal tax, Social Security (6.2%), Medicare (1.45%), and state withholdings.
Frequently Asked Questions
What is FICA tax?
FICA (Federal Insurance Contributions Act) consists of a 6.2% Social Security tax (capped annually) and a 1.45% Medicare tax (uncapped), totaling 7.65% for employees.
Related Calculators
Loan Calculator
Estimate monthly amortized payments, interest charges, and loan repayment totals.
Mortgage Calculator
Estimate monthly mortgage payments, total interest, and amortization.
Auto Loan Calculator
Calculate car loan payments, interest charges, and total financing.
Personal Loan Calculator
Estimate monthly personal loan payments and total borrowing cost.