💰 Paycheck Calculator
Estimate your take-home pay after taxes
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Understanding Your Paycheck
Your gross salary is never what you take home. Federal income tax takes 10-37% depending on your bracket. Social Security takes 6.2% on the first $168,600 (2025). Medicare takes 1.45% on all earnings. State income tax varies from 0% to 13.3%. Pre-tax deductions like 401(k) and health insurance reduce your taxable income, effectively giving you a discount on those costs. A $75,000 salary with a 6% 401(k) contribution and typical deductions results in roughly $55,000-60,000 in take-home pay depending on your state.