Earnings After Tax Calculator

How it works

We subtract deductions (standard or itemized) and pre‑tax contributions from your gross income to get taxable income. We then apply tax brackets (federal + optional state/local/custom) to compute tax. Net income = gross − tax − post‑tax deductions. Effective rate = total tax ÷ gross × 100; marginal rate = highest bracket rate applied.

Inputs explained

• Gross Annual Income: Your total income before any deductions or taxes.
• Pay Frequency: How often you receive your paycheck (used for breakdown).
• Filing Status: Affects standard deduction amount and some tax calculations.
• Tax Brackets: Editable progressive tax rates. Presets include US Federal 2024.
• Additional Tax: Optional state, local, or custom tax percentages.
• Deductions: Standard (auto by status) or itemized (total amount).
• Pre-Tax Contributions: 401(k), 403(b), HSA, FSA reduce taxable income.
• Post-Tax Deductions: Health insurance, etc., reduce net after tax.

Example

Scenario: Gross $80,000; Single; Standard $13,850; 401(k) 6% ($4,800); No additional tax.

Calculation:

• Taxable = 80,000 − 13,850 − 4,800 = $61,350
• Federal Tax (US 2024 brackets):
  • 10% on first $11,600 = $1,160
  • 12% on next $35,700 ($11,600–$47,300) = $4,284
  • 22% on next $14,050 ($47,300–$61,350) = $3,091
  Total Federal = $8,535
• Net = 80,000 − 8,535 = $71,465
• Effective Rate ≈ 10.7%; Marginal Rate = 22%

Tips & notes

• Tax laws change yearly. Update brackets, standard deduction, and rates to match the current tax year.
• Pre‑tax contributions (401k/403b) reduce taxable income; post‑tax deductions reduce net after tax.
• For state/local taxes, add a percentage in "Additional Tax" to approximate total tax.
• This calculator does not account for tax credits, alternative minimum tax, or complex deductions.

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