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Salary Calculator
Calculate take-home pay from gross salary after taxes and deductions
Salary Information
$
Tax & Deductions
%
%
%
Percentage of gross salary
$
Health insurance, etc.
Your Take-Home Pay
Annual
$45,062.5
Monthly
$3,755.21
Bi-Weekly
$1,733.17
Hourly
$21.66
You take home 60.08% of your gross salary
Gross vs Net Comparison
Gross Annual Salary
$75,000
Total Deductions
-$29,937.5
Net Annual Salary
$45,062.5
Deduction Breakdown
Understanding Your Paycheck
Your gross salary is reduced by various taxes and deductions before you receive your net (take-home) pay.
- Federal Income Tax: Progressive tax based on your income bracket
- State Income Tax: Varies by state (some states have no income tax)
- Social Security (FICA): 6.2% up to annual limit
- Medicare: 1.45% with no income limit
- 401(k) Contributions: Pre-tax retirement savings (reduces taxable income)