Income & Tax Calculators

How much of my salary do I actually keep?

What you keep is your salary after federal income tax, Social Security, Medicare and state or local income tax. The take-home pay calculator works it out from your salary, the state and local rate you enter and any 401(k) contribution, per paycheck, per month and per year.

Pre-tax contributions lower your income tax now, so if you owe income tax they cost you less take-home than their face value. The retirement calculators show what those contributions grow into.

Will a raise push me into a higher bracket?

It can, but only the dollars above the bracket’s edge are taxed at the higher rate, so a raise does not lower your pay through the brackets. The raise tax bracket calculator shows what the raise adds to each paycheck after federal, payroll and state tax.

Two things can still cut take-home after a raise. Sending all or nearly all of it to your 401(k) can, since Social Security and Medicare are still charged on it. So can a benefit cliff, where a credit or subsidy ends as income rises.

What is my hourly wage as a yearly salary?

Multiply your hourly rate by the hours you work in a week and the weeks you are paid in a year. The hourly to salary calculator does that in either direction, counts unpaid weeks off, and shows the pay per hour, week, month and year before and after tax.