How do I calculate my take-home pay?

Take-home pay = Gross Pay − Federal Tax − State Tax − Social Security (6.2%) − Medicare (1.45%) − Other deductions (401k, health insurance).

How much federal tax is withheld from paycheck?

Federal income tax withholding depends on your W-4 elections and income. For 2026, tax brackets range from 10% to 37%. Most middle-income earners pay 22-24% effective rate.

What is Social Security tax rate in 2026?

Social Security tax is 6.2% of gross wages up to $176,100 (2026 wage base). Medicare tax is 1.45% with no income cap. Employers match both.

How much is deducted for 401k?

401k contribution reduces taxable income. Maximum contribution in 2026 is $23,500 ($31,000 if 50+). Contributing 10-15% of salary is recommended for retirement.

What states have no income tax?

Nine states have no income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming.

💵 US Paycheck Calculator 2026

Calculate Take-Home Pay After Federal Tax, State Tax & 401(k)

💼 Enter Your Pay Information

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Effective Tax Rate

📊 Federal Tax Brackets 2026 (Single)

Rate	Income Range	Tax on Bracket
10%	$0 – $11,600	Up to $1,160
12%	$11,601 – $47,150	Up to $4,266
22%	$47,151 – $100,525	Up to $11,751
24%	$100,526 – $191,950	Up to $21,955
32%	$191,951 – $243,725	Up to $16,558
35%	$243,726 – $609,350	Up to $127,985
37%	Over $609,350	37% on excess

Frequently Asked Questions

What is the standard deduction for 2026?

For 2026: Single filers get $15,000 standard deduction. Married filing jointly get $30,000. Head of household gets $22,500. This deduction reduces your taxable income before applying tax brackets.

How much is taken out of my paycheck for Social Security and Medicare?

Social Security: 6.2% on wages up to $168,600. Medicare: 1.45% on all wages (plus 0.9% for income over $200,000 single/$250,000 married). Together this is 7.65% FICA tax. Your employer matches this amount.

Does contributing to 401k reduce my taxes?

Yes! Traditional 401(k) contributions are pre-tax, reducing your federal and state taxable income. Contributing $6,000/year in the 22% bracket saves $1,320 in federal taxes alone. The 2026 401(k) limit is $23,500 ($31,000 if age 50+).