Net Income Calculator

This net income calculator helps you determine your actual take-home pay after all taxes and deductions are subtracted from your gross salary. Enter your annual gross income, select your pay frequency, and input your tax rates and deductions to see your net income on both annual and per-paycheck basis. The calculator accounts for federal taxes, state taxes, FICA taxes, health insurance, retirement contributions, and other common deductions to give you an accurate picture of your actual earnings.

Understanding your net income is crucial for budgeting, financial planning, and making informed career and life decisions. Use this calculator when comparing job offers, planning major purchases, setting up your household budget, or determining how much you can afford for housing and other expenses. The detailed breakdown shows exactly where your money goes and helps you understand the impact of different tax rates and deductions, making it particularly useful for tax planning and optimizing your payroll deductions for maximum take-home pay.