How Is Take-Home Pay Calculated?
Step 1 — Gross to AGI
Pre-tax contributions (401k, IRA, HSA, FSA, health insurance) are subtracted from gross pay to determine your Adjusted Gross Income (AGI).
Step 2 — Federal Income Tax
The 2026 standard deduction is applied to AGI ($14,600 Single / $29,200 MFJ / $21,900 HOH), then federal tax is calculated using progressive brackets up to 37%.
Step 3 — State Income Tax
9 states have no income tax (TX, FL, NV, WA, etc.). Others use flat rates or progressive brackets. This calculator covers all 50 states + D.C.
Step 4 — FICA Taxes
Social Security: 6.2% on wages up to $168,600 (2026 wage base).
Medicare: 1.45% on all wages + 0.9% additional on wages over $200k (Single) or $250k (MFJ).