Take-Home Paycheck Calculator Estimate net pay after taxes, retirement, and benefits — with 2025 federal/state rules and ...

Take-Home Paycheck Calculator

Estimate net pay after taxes, retirement, and benefits — with 2025 federal/state rules and paycheck optimization.

Salary

Hourly

1099 / Self-Employed

Optimize

Annual Salary ($)

Filing Status Single Married Filing Jointly Head of Household

State California (1–12.3%) New York (4–10.9%) Texas (0%) Florida (0%) Washington (0% income)

401(k) %

HSA ($/mo)

Health ($/mo)

Hourly Rate ($)

Hours/Week

Overtime Rate 1.5× (Standard) 2.0× (Double Time)

Weeks/Year

Bonus ($/yr)

Annual 1099 Income ($)

Business Expenses ($)

Retirement ($/mo)

Gross Pay ($/mo)

Tax Bracket (%) 12% 22% 24%

Strategy Max HSA ($385/mo) Max 401(k) ($1,958/mo) FSA + HSA Combo

$0

Gross Pay

$0

Net Pay

$0

Total Taxes

$0

Pre-Tax Contributions

Paycheck Breakdown

How Paycheck Taxes Are Calculated

2025 Federal Brackets (Single)**:

• 10%: $0 – $11,925
• 12%: $11,926 – $48,475
• 22%: $48,476 – $103,350
• 24%+: Higher brackets

FICA**:

• Social Security: 6.2% on first $176,100
• Medicare: 1.45% (no cap) + 0.9% surtax over $200K

State Examples**:

• CA: Progressive 1–12.3%
• TX/FL/WA: $0 income tax
• NY: 4–10.9% + NYC local tax

Example ($60K, Single, CA): • Federal tax: $6,745 • FICA: $4,590 • CA tax: $2,310 • 401(k) $3,600 → **Net = $38,755/yr = $2,981/biweekly**

Paycheck Red Flags

⚠️ Watch for these costly mistakes:

• Under-withholding** — IRS penalty: 0.5% per month on unpaid tax
• Missing HSA triple tax advantage** — pre-tax + grows tax-free + tax-free withdrawals for medical
• Post-tax 401(k) without Mega Backdoor** — lose tax deferral
• Not updating W-4 after life events** — marriage, kids, second job

✅ Pro Tips**:

• Use IRS Tax Withholding Estimator to avoid surprises
• Contribute to HSA *before* 401(k) if eligible — best tax deal in U.S. code
• Claim Multiple Jobs Worksheet** on W-4 if working 2+ jobs

2025 Paycheck Benchmarks

Profile	Gross	Net (Biweekly)	Take-Home %
$60K, Single, CA	$2,308	$2,030	88%
$85K, Married, TX	$3,269	$2,850	87%
$45/hr, FL, 401(k) 6%	$2,769	$2,620	95%
1099 $75K, 15.3% SE tax	$6,250/mo	$4,100/mo	66%

📉 Pre-Tax Savings Impact** (on $60K salary):

• 401(k) 6% → +$360/yr tax savings
• HSA $3,850 → +$462/yr tax savings (22% bracket)
• FSA $3,200 → +$384/yr tax savings

How to Use This Calculator

➡️ Salary

“$85K/yr in Texas — what’s my biweekly net?” with 401(k), HSA, health.

➡️ Hourly

“$25/hr, 40 hrs, 1.5× OT — what’s my take-home?”

➡️ 1099 / Self-Employed

“$75K freelance, $10K expenses — how much to set aside for taxes?”

➡️ Optimize

“Should I max HSA or 401(k) first?” — compare net pay impact.

Note: Uses 2025 IRS tax tables, FICA limits, and state tax formulas. Assumes biweekly pay (26 periods/yr) unless hourly specified.