Bring Home Pay Calculator

Percent of gross. Reduces income tax but not Social Security or Medicare wages.
Medical, dental, vision, FSA or HSA through a cafeteria plan. Exempt from income tax and FICA.
Income-tax exempt only, like a 457(b) or traditional TSP deferral.
Roth contributions, union dues, garnishments, life insurance.
Flat effective rate for your state. Nine states levy no wage income tax; enter 0 for those.
Net take-home pay
4,199.17 USD
Take Home Pay Calculator
Gross pay this period
5,000.00 USD
Annual gross
60,000.00 USD/yr
Pre-tax deductions
0.00 USD
Annual Social Security / Medicare wages
60,000.00 USD
Annual federal taxable income
43,900.00 USD
Federal income tax a year
5,020.00 USD
Federal income tax this period
418.33 USD
Social Security a year
3,720.00 USD
Social Security this period
310.00 USD
Medicare a year
870.00 USD
Medicare this period
72.50 USD
Additional Medicare Tax a year
0.00 USD
State income tax a year
0.00 USD
State income tax this period
0.00 USD
Local income tax a year
0.00 USD
Post-tax deductions
0.00 USD
Total withheld and deducted
800.83 USD
Annual take-home pay
50,390.00 USD/yr
Effective tax rate on gross
16.02 %
Take-home share of gross
83.98 %
Federal marginal rate
12.00 %
Worked out from IRS Publication 15-T, Federal Income Tax Withholding Methods (percentage method, annualised) and 7 other sources.
Federal withholding here follows the annualised percentage method of Publication 15-T; your employer may use the wage-bracket tables, which round differently.
No state income tax rate was entered - net pay assumes a no-income-tax state.
A withholding estimate, not tax advice. Your employer withholds from your Form W-4 using the IRS Publication 15-T tables; state and local rules vary widely. Check with a payroll professional or tax adviser before relying on these figures.

How this is worked out

7 steps
  1. Annualise: 5000 x 12 pay periods = 60000 a year.
  2. Federal taxable income = 60000 less the 2026 single standard deduction 16100 = 43900.
  3. 10% on 12400 = 1240
  4. 12% on 31500 = 3780
  5. Federal income tax = 5020 a year.
  6. Social Security = min(60000, wage base) x 6.2% = 3720; Medicare = 60000 x 1.45% = 870.
  7. Net = 60000 - 0 pre-tax - 9610 tax - 0 post-tax = 50390 a year, 4199.17 a period.
Federal brackets usedtable
ratefromtotaxedtax
10012,40012,4001,240
1212,40050,40031,5003,780

Results are general information, not financial, tax, legal, medical or engineering advice.