💸 Gross to Net Calculator
Convert gross salary to net take-home pay after taxes and deductions.
Understanding Your Take-Home Pay
Your gross salary has four main components deducted before you see your paycheck: federal income tax (progressive brackets), state income tax (varies 0–13.3% by state), FICA taxes (6.2% Social Security up to $168,600 + 1.45% Medicare), and any pre-tax benefit elections (401k, health insurance, HSA). Pre-tax deductions reduce your taxable income, making them more valuable than their face value.
People Also Ask
Maximize pre-tax deductions: 401k contributions (up to $23,000 in 2024), HSA contributions ($4,150 individual), FSA, and employer health insurance premiums all reduce taxable income. Also claim all deductions on your W-4 to avoid over-withholding — you're giving the government an interest-free loan if you expect a large refund.
For most middle-income earners ($50K–$120K), take-home is typically 65–75% of gross after federal, state, and FICA taxes, assuming some pre-tax deductions. High earners see 55–65%. Those in no-income-tax states (TX, FL, WA) take home 5–8% more than peers in high-tax states.