Payroll tax calculator calculates the taxes your employer deducts from your earnings, including federal, state, Social Security, and Medicare taxes.
Paycheck Tax Calculator |
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Married Filing Jointly |
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Tax Paid Yearly |
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Federal Tax | |
State Tax | |
Social Security | |
Medicare | |
Net Pay |
Federal Income Tax Brackets 2024 |
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Tax Rate | Single | Married Filing Jointly | Married Filing Separately | Head of Household |
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10% | $0 to $11,600 | $0 to $23,200 | $0 to $11,600 | $0 to $16,550 |
12% | $11,601 to $47,150 | $23,201 to $94,300 | $11,601 to $47,150 | $16,551 to $63,100 |
22% | $47,151 to $100,525 | $94,301 to $201,050 | $47,151 to $100,525 | $63,101 to $100,500 |
24% | $100,526 to $191,950 | $201,051 to $383,900 | $100,526 to $191,950 | $100,501 to $191,950 |
32% | $191,951 to $243,725 | $383,901 to $487,450 | $191,951 to $243,725 | $191,951 to $243,700 |
35% | $243,726 to $609,350 | $487,451 to $731,200 | $243,726 to $365,600 | $243,701 to $609,350 |
37% | $609,351 or more | $731,201 or more | $365,601 or more | $609,351 or more |
This payroll tax calculates your net pay after federal, state, Medicare, and Social Security taxes.
The standard deduction is applied for federal income tax purposes.
While our payroll tax calculator includes all state income taxes, your local city may also impose additional income taxes.
The federal government does not tax gross income directly. To calculate federal income tax, you first need to apply either the standard deduction or an itemized deduction. For 2024, the standard deduction amounts are as follows:
For 2024, federal income tax brackets range from 10% to 37%.
There are seven tax brackets: 10%, 12%, 22%, 24%, 32%, 35%, and 37%.
The highest rate of 37% applies to taxable income over $609,351 for single filers and $731,201
for married couples filing jointly.
Most states impose a progressive income tax, meaning the tax rate increases as income rises, similar to federal income tax. Some states have a flat tax rate, while others do not impose any income tax. States without an income tax include:
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