Paycheck Calculator

See exactly where every dollar goes — taxes, deductions, retirement, and what actually lands in your account.

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Why your paycheck looks smaller than your salary

Gross pay is what you earn. Take-home (net) pay is what lands in your account. The gap is federal tax, state tax, FICA (Social Security + Medicare, 7.65%), and anything you opt into — health insurance, 401(k), HSA. Pre-tax deductions like 401(k) and HSA lower the income that gets taxed, so they sting your paycheck less than the dollar amount suggests.

Pay setup

Tell us how you're paid and the hours on this pay period.

Gross this period
$2240.00
2wk
Annualized
$58,240
26 pay periods
Regular
$2240.00
Overtime
$0.00
0h × 1.5x
Holiday
$0.00
0h × 1.5x
PTO
$0.00

Tax withholding

Federal status + state, plus any allowances or extra withholding from your W-4.

Federal income tax
$176.36
2wk
State tax (CA)
$195.82
9.3% est.
Social Security (OASDI)
$138.88
6.2% to $168.6k
Medicare
$32.48
1.45% + 0.9% over $200k

Pre-tax & insurance deductions

What comes out of each check before it hits your bank.

401(k)
$134.40
6% of gross
Pre-tax total
$134.40
reduces taxable wages
Post-tax deductions
$0.00
disability premiums
All deductions
$134.40

Take-home pay

The number that actually lands in your account.

Gross
$2240.00
2wk • $58,240/yr
Total taxes
$543.55
24.3% of gross
Total deductions
$134.40
6.0% of gross
Net pay (take-home)
$1562.05 /2wk
~$40,613/yr • 69.7% of gross

Disclaimer: This is an estimator using 2024 federal brackets and approximate top-marginal state income tax rates. Actual withholding depends on your full W-4, local taxes, voluntary deductions, and your employer's payroll system. Use this to plan — not to file.