Paycheck Calculator
For Wages Paid in 2024 using the NEW W-4 Form © 2020-2024 Vertex42 LLC
Paycheck Calculator
Gross Pay BETA - Check Results Carefully
Gross Pay: $ 250.00
Pay Period: Daily
Federal Tax
Withheld
Periods Per Year: 260
Est. Gross Annual Pay: $ 65,000.00 300
Information on W-4
Filing Status: Married Joint 250
Is Box 2(c) checked?: No
Dependents from Step 3:
200
Other Income from Step 4a: $ 500.00
Deductions from Step 4b: $ 1,000.00
150
Extra Withholding from Step 4c: $ 250.00
FICA Social Secu
Pre-Tax Deductions
-
Tax Deferral Plan
Health Insurance
Filing Status and Withholdings 100
rity (6.2%)
Post-Tax Deduc
State & Local
FICA Medicare
imbursements
Post-Tax Re
Premiums
-
Pre-Tax Adjustments (not included in Step 4b)
(1.45%)
Taxes
tions
Tax Deferral Plan, 401(k): 0.00% 50
Health Insurance Premiums: $ -
Other Pre-Tax Deductions: $ - 0
Federal Taxable Gross: $ 250.00
Adjustment based on Filing Status: $ 12,900.00 (50) NET Take-Home
Adjusted Annual Wage: $ 51,600.00
Post-Tax Adjustments
Pay
(100)
State & Local Taxes: 5.30%
Other Post-Tax Deductions: $ -
Post-Tax Reimbursements: $ -
Estimated Pay Check
NET Take-Home Pay (46.88)
FICA Social Security (6.2%) 15.50
FICA Medicare (1.45%) 3.62
Federal Tax Withheld 264.51
Tax Deferral Plan 0.00
Health Insurance Premiums 0.00
Pre-Tax Deductions 0.00
State & Local Taxes 13.25
Post-Tax Deductions 0.00
Post-Tax Reimbursements 0.00
Caution:
This calculator is for educational and illustrative purposes only and should not be construed as financial or tax advice.
The results are only estimates and may not apply to your specific situation.
Please consult a qualified professional regarding financial decisions.
REFERENCES
New (2024) W-4 Employee's Withholding Certificate, https://www.irs.gov/pub/irs-pdf/fw4.pdf
IRS Income Tax Withholding Assistant for Employers
Federal Tax Tables (for 2024, using NEW W-4)
These tables are used to estimate the federal tax withholding and need to be updated each year.
Source: IRS Publication 15-T, pg11
STANDARD Withholding Rate Schedules (New W-4s) New Form W-4, Step 2, Checkbox, W
Used when Box 2(c) is NOT Checked Used when Box 2(c) IS
MARRIED Filing Jointly MARRIED Filing Jointly
Wage Threshold Base Withholding Percent Wage Threshold
0.00 0.00 0.0% 0.00
16,300.00 0.00 10.0% 14,600.00
39,500.00 2,320.00 12.0% 26,200.00
110,600.00 10,852.00 22.0% 61,750.00
217,350.00 34,337.00 24.0% 115,125.00
400,200.00 78,221.00 32.0% 206,550.00
503,750.00 111,357.00 35.0% 258,325.00
747,500.00 196,669.50 37.0% 380,200.00
SINGLE or Married Filing Separately SINGLE or Married Filing Separately
Wage Threshold Base Withholding Percent Wage Threshold
0.00 0.00 0.0% 0.00
6,000.00 0.00 10.0% 7,300.00
17,600.00 1,160.00 12.0% 13,100.00
53,150.00 5,426.00 22.0% 30,875.00
106,525.00 17,168.50 24.0% 57,563.00
197,950.00 39,110.50 32.0% 103,275.00
249,725.00 55,678.50 35.0% 129,163.00
615,350.00 183,647.25 37.0% 311,975.00
HEAD OF HOUSEHOLD HEAD OF HOUSEHOLD
Wage Threshold Base Withholding Percent Wage Threshold
0.00 0.00 0.0% 0.00
13,300.00 0.00 10.0% 10,950.00
29,850.00 1,655.00 12.0% 19,225.00
76,400.00 7,241.00 22.0% 42,500.00
113,800.00 15,469.00 24.0% 61,200.00
205,250.00 37,417.00 32.0% 106,925.00
257,000.00 53,977.00 35.0% 132,800.00
622,650.00 181,954.50 37.0% 315,625.00
Note: The STANDARD table has been adjusted based on step 1g of Worksheet 1. Employer's Withholding Worksheet for Percentage Method Tables for Autom
Standard Deductions from Step 4(b) on W-4
Source: irs.gov Form W-4 2023 pg3
Married Joint 29,200.00
Single 14,600.00
Head of Household 21,900.00
Period Per Year
Pay Period Periods per Year
Weekly 52
Biweekly 26
Semimonthly 24
Monthly 12
Quarterly 4
Semiannually 2
Daily 260
rm W-4, Step 2, Checkbox, Withholding Rates
en Box 2(c) IS Checked
D Filing Jointly
Base Withholding Rate Over Threshold
0.00 0.0%
0.00 10.0%
1,160.00 12.0%
5,426.00 22.0%
17,168.50 24.0%
39,110.50 32.0%
55,678.50 35.0%
98,334.75 37.0%
or Married Filing Separately
Base Withholding Rate Over Threshold
0.00 0.0%
0.00 10.0%
580.00 12.0%
2,713.00 22.0%
8,584.25 24.0%
19,555.25 32.0%
27,839.25 35.0%
91,823.63 37.0%
F HOUSEHOLD
Base Withholding Rate Over Threshold
0.00 0.0%
0.00 10.0%
827.50 12.0%
3,620.50 22.0%
7,734.50 24.0%
18,708.50 32.0%
26,988.50 35.0%
90,977.25 37.0%
sheet for Percentage Method Tables for Automated Payroll Systems.
Paycheck Calculator
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