Work out your net take-home pay after tax and deductions.
Calculated instantly in your browser.
How is take-home pay calculated?
Net pay = gross − (gross × tax rate) − (gross × retirement rate) − other deductions, and take-home rate = net ÷ gross. Use your effective (overall) tax rate, not your marginal bracket. For example, on $60,000 at a 22% effective tax rate, 5% to retirement and $2,000 of other deductions, take-home pay is $41,800.
Understanding your result
Because tax systems are progressive, enter your effective (overall) tax rate rather than your marginal bracket for an accurate result. The tool keeps deductions transparent so you can model different scenarios.
Formula and method
Net pay = gross − (gross × tax rate) − (gross × retirement rate) − other deductions. Take-home rate = net ÷ gross.
Worked example
On $60,000 at a 22% effective tax rate, 5% to retirement and $2,000 of other deductions, take-home pay is $41,800.
How to use this tool
- Enter your gross income and pay period.
- Enter your effective tax and retirement rates.
- Add any other deductions and read your net pay.
Common mistakes to avoid
- Using your marginal tax bracket instead of your effective rate.
- Forgetting payroll deductions like health insurance.
About the Take-Home Pay Calculator
The Take-Home Pay Calculator works out your net pay after income tax, retirement contributions and other deductions, and shows your take-home rate and pay per period.
Who should use this tool
Employees and job seekers comparing offers or budgeting their net income.
Benefits
- Net pay from gross, tax and deductions.
- Take-home rate as a percentage.
- Pay per period (monthly, bi-weekly, weekly).
- Uses your own rates — no fixed brackets.
Practical use cases
- Comparing a job offer’s net pay.
- Budgeting from your actual take-home.
- Seeing the effect of a retirement contribution.
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Frequently asked questions
What tax rate should I enter?
Your effective tax rate — total tax divided by gross income — not your top marginal bracket, which only applies to the last portion of income.
Does it include payroll taxes?
Only what you enter. Include payroll or social-security taxes in your tax rate, or add them under other deductions, for a complete net figure.