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Finance

Paycheck Calculator

Calculate take-home pay after taxes and deductions based on your salary or hourly wage.

Specialized Calculators

Choose from 5 specialized versions of this calculator, each optimized for specific use cases and calculation methods.

ConversionDirection

1 calculator
hourlyToSalary
Hourly to Salary Calculator
Convert hourly wages to annual salary with detailed projections and visualizations of your income over time.
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CalculationType

4 calculators
take-home-pay
After-Tax Salary Calculator
Calculate your take-home pay after taxes and deductions, with detailed breakdowns of federal, state, and local taxes.
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overtime-calculation
Overtime Pay Calculator
Calculate overtime pay and analyze how overtime hours impact your overall compensation.
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benefits-valuation
Total Compensation Calculator
Value your complete compensation package including benefits, bonuses, and other perks beyond base salary.
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contractor-comparison
Contractor Rate Calculator
Determine fair contractor rates compared to W2 employment, accounting for self-employment taxes and business expenses.
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Frequently Asked Questions about Paycheck Calculator

Calculator estimates are based on average tax situations and standard deductions. Your actual paycheck may differ due to specific tax situations, local taxes, specialized deductions, benefit costs specific to your employer, or tax withholding adjustments you've made on your W-4 form.

You can increase take-home pay by adjusting W-4 withholdings (if you typically receive large refunds), increasing pre-tax contributions to retirement or health accounts, claiming applicable tax credits, or reviewing your benefit selections for cost-saving opportunities. Note that reducing tax withholding may result in owing taxes at year-end.

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