Paycheck Calculator
Calculate your net pay after all deductions including federal income tax, FICA (Social Security and Medicare), and state income tax. Updated for 2026.
Key Features
- Federal income tax withholding
- FICA (Social Security + Medicare)
- State income tax withholding
- Multiple pay frequencies supported
Calculator Inputs
Calculation Results
About This Calculator
This paycheck calculator helps you estimate your net pay after all payroll deductions. It calculates federal income tax withholding, FICA taxes (Social Security and Medicare), and state income tax withholding based on the latest tax brackets.
FICA Taxes Explained
FICA (Federal Insurance Contributions Act) taxes fund Social Security and Medicare programs.
Social Security
- Employee rate: 6.2% of income
- Annual limit: Applies to income up to $168,600 (2026)
- Employer matches: 6.2%, totaling 12.4%
Medicare
- Employee rate: 1.45% of income
- No annual limit: Applies to all income
- Additional Medicare tax: 0.9% on income over $200,000 (single) or $250,000 (married)
Federal Income Tax Withholding
Federal income tax is withheld from each paycheck based on your filing status, number of allowances, and the IRS withholding tables.
2026 Withholding Allowance Amount
The IRS allows a standard withholding allowance of $4,850 per allowance per year. This reduces your taxable income for withholding purposes.
State Income Tax Withholding
State income tax withholding follows similar principles but uses state-specific tax brackets. Some states have no income tax:
- Alaska
- Florida
- Nevada
- South Dakota
- Tennessee
- Texas
- Washington
- Wyoming