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PlainCalc

Paycheck Calculator 2026: Take-Home Pay & Net Income

What actually lands in your bank account each payday, with every tax and deduction itemized using 2026 federal brackets.

Updated October 2026

Data verified for 2026. Educational estimates only, not financial or tax advice.

Income
$
Calculated from the state's own tax brackets and standard deduction.

Pre-tax deductions
% of pay
$/check
$/check
$/check
Roth 401(k), union dues, garnishments, etc.
Estimated take-home pay per 2 weeks
$2,150.92
$55,924 per year Β· $4,660.32 per month
15.2%total tax rate
Federal income tax
$230.27
$5,987/yr
Social Security + Medicare
$209.20
$5,439/yr
State income tax
$0.00
0.00% effective Β· 0.00% marginal
401(k) + benefits
$294.23
$3,750/yr to 401(k)

Gross pay
$2,884.62
$75,000/yr
Taxable income
$51,250
after $16,100 std. deduction
Marginal bracket
22%
effective 15.2%
2026 federal brackets applied
RateIncome in bracketTax
10%$12,400$1,240
12%$38,000$4,560
22%$850$187
Estimate for tax year 2026 using the standard deduction and no credits. Your actual withholding depends on your W-4, local taxes, and credits like the Child Tax Credit. Use it for planning, not filing.

How your paycheck is calculated

Your gross pay is reduced in a specific order. First, pre-tax deductions come off: traditional 401(k) contributions, employer health premiums (Section 125), and HSA/FSA contributions. Then federal income tax is figured on what remains minus your standard deduction, using the progressive brackets shown in the results. FICA (Social Security 6.2% and Medicare 1.45%) is calculated on gross pay less health and HSA deductions, but 401(k) contributions do *not* reduce FICA. Finally state income tax applies where your state has one. What is left is your take-home pay.

2026 federal tax brackets and standard deduction

For tax year 2026 the standard deduction is $16,100 for single filers, $32,200 for married filing jointly, and $24,150 for head of household. The seven bracket rates are unchanged (10%, 12%, 22%, 24%, 32%, 35%, 37%) with thresholds indexed up for inflation; for a single filer the 22% bracket starts at $50,400 of taxable income and the 24% bracket at $105,700.

Remember that brackets are marginal: only the dollars inside each band are taxed at that rate. A single filer with $75,000 salary and no deductions has about $58,900 of taxable income, and their 22% bracket only touches the top $8,500 or so. Their effective federal rate is closer to 11%.

Social Security and Medicare (FICA)

Employees pay 6.2% for Social Security on wages up to the 2026 wage base of $184,500, and 1.45% for Medicare on all wages. An additional 0.9% Medicare tax applies above $200,000 (single) or $250,000 (married). Your employer matches the 6.2% and 1.45% separately; self-employed people pay both halves via self-employment tax.

State income tax

Nine states have no wage income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. The rest range from a flat 2.5% (Arizona) to progressive schedules topping 13% (California). This calculator uses a single representative effective rate per state for speed; choose Custom to enter your own combined state + city rate (for example New York City residents add roughly 3–4%).

Ways to raise your take-home pay (legally)

  • Pre-tax benefits: health premiums, HSA, FSA, and commuter benefits reduce both income tax and FICA.
  • 401(k) contributions lower federal and state income tax now (traditional) β€” try raising the slider and notice the paycheck drops by far less than the contribution.
  • Fix your W-4: a large refund means you over-withheld all year. Adjust withholding and get the money in each paycheck instead.
  • Credits: the Child Tax Credit and Earned Income Tax Credit are not modeled here but can cut your bill by thousands.

Frequently asked questions

How accurate is this paycheck calculator?+

Federal income tax and FICA use the actual 2026 IRS formulas with the standard deduction, and state income tax is calculated from each state's own brackets and deduction. It does not model tax credits, itemized deductions, or city/county taxes, and your employer's withholding may differ based on your W-4.

Why is my actual paycheck different?+

Common reasons: your W-4 claims dependents or extra withholding, you have local/city tax, your state uses progressive brackets, or your employer deducts items not entered here (life insurance, Roth 401(k), parking). Add them under other deductions to match.

Does a 401(k) contribution reduce Social Security tax?+

No. Traditional 401(k) contributions are exempt from federal and most state income tax but still subject to Social Security and Medicare. Health insurance premiums and HSA contributions through payroll are exempt from both.

What's the difference between marginal and effective tax rate?+

Marginal is the rate on your next dollar of income (your top bracket). Effective is total tax divided by total income, which is always lower because earlier dollars were taxed at lower rates. Both are shown above.

Is this for 2026 taxes?+

Yes. Brackets, the standard deduction, and the Social Security wage base are the 2026 figures published by the IRS and SSA. The page is updated when new figures are released each fall.