Paycheck & Salary Tax Calculator
Estimate your take-home pay, federal income tax, state withholding, FICA, and local taxes. Supports W2 wages, 1099 self-employment planning, and hourly overtime conversions.
1099 mode estimates self-employment tax from contractor income. It does not replace quarterly-tax planning or a tax return.
Assumptions: Federal brackets, standard deduction, Social Security wage base ($184,500), and Additional Medicare thresholds are modeled for 2026. CA, NY, and NYC lines are simplified planning estimates and do not include every credit, deduction, local rule, or withholding election.
Take-Home Summary
Yearly Breakdown
Frequently Asked Questions
What is FICA tax?
FICA stands for the Federal Insurance Contributions Act. It consists of Social Security (6.2% paid by employee, 6.2% paid by employer) and Medicare (1.45% paid by both) to fund federal retirement programs.
How does 1099 tax differ from W2 tax?
Under W2, your employer pays half of your FICA taxes. Under 1099, you are considered self-employed and must pay the full Self-Employment tax of 15.3%, though you can deduct the employer-equivalent portion when filing.
Which states have no income tax?
Texas and Florida do not have state-level personal income tax. California and New York have progressive state tax brackets, and New York City imposes an additional local income tax.
How is overtime pay calculated?
Most employers calculate overtime at 1.5 times the regular hourly rate for hours worked beyond 40 hours in a single workweek.