Estimate your net take-home pay per period and per year from your gross pay, withholding percentage, and deductions.
Estimate only — not tax/financial advice; your actual withholding varies.
A paycheck calculator estimates your net take-home pay by subtracting your tax withholding and any other deductions from your gross pay, then projecting that net amount across the year based on how often you are paid.
Net pay equals your gross pay minus your gross pay times your withholding percentage, minus any other deductions. For example, gross pay of 2000 with a 20 percent withholding and 50 in deductions gives 2000 minus 400 minus 50, which is 1550 net per period. This is an estimate, not tax or financial advice.
Withholding depends on your location, filing status, and benefits, so a single set of tax brackets would be misleading. Entering your own effective withholding percentage, which you can read from a recent pay stub, keeps the estimate accurate for your situation without false precision.
The tool multiplies your net pay per period by the number of pay periods in a year for your chosen frequency: 52 for weekly, 26 for every two weeks, 24 for twice a month, and 12 for monthly. The result is your estimated annual take-home pay.