Paycheck Breakdown Calculator
Get a detailed breakdown of your paycheck including federal taxes, FICA, and take-home pay.
Enter Your Information
Paycheck Breakdown
Gross Pay
$0
Federal Income Tax
-$0
Social Security (6.2%)
Medicare (1.45%)
-$0
Additional Deductions
-$0
Net Pay
$0
Annual Summary
Annual Gross:
$0
Annual Net:
$0
Total Taxes:
$0
Tax Rate:
0%
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Enter your salary information to see the breakdown
Understanding Your Paycheck
Federal Taxes
Federal income tax is calculated based on your income level, filing status, and allowances. The U.S. uses a progressive tax system with rates ranging from 10% to 37%.
FICA Taxes
FICA includes Social Security (6.2%) and Medicare (1.45%) taxes. These are flat rates applied to your gross income, with Social Security capped at $160,200 for 2023.