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Salary Calculator

Gross to Net Calculator 2026

Calculate your Hourly, Monthly, and Annual take-home pay. Updated for the 2026 tax year.

$

ℹ️ Includes Standard Deduction: $16,100

Estimated Annual Net Pay

$61,593
≈ 5,133 / Month • 2,369 / Bi-Weekly
Gross Pay$75,000
Total Taxes-$13,408

Detailed Tax Breakdown (2026 Est.)

Tax ComponentAmount%
Gross Income75,000.00100%
Federal Income Tax-7,670.0010.2%
Social Security (6.2%)-4,650.006.2%
Medicare (1.45%+)-1,087.501.5%
Net Pay61,592.5082.1%
Calculator inputs stay on your device (local processing).

Disclaimer: All calculators on this website are provided for informational and illustrative purposes only. The results do not constitute professional advice (including legal, tax, financial, medical, or other advice). Despite careful programming, we assume no liability for the accuracy, completeness, or timeliness of the results. For matters requiring professional advice, we recommend consulting an appropriate specialist (e.g., a tax advisor, lawyer, accountant, or physician).

Calculations based on 2026 tax regulations. Formulas are regularly audited for accuracy.

2025 vs 2026 US Federal Tax Tables (Quick Reference)

If you’re estimating take‑home pay in the US, bracket changes can affect net salary. For a full estimate, use our Income Tax Calculator or browse US tax calculators.

Standard deduction

Filing status20252026
Single$15,000$16,100
Married Filing Jointly$30,000$32,200
Head of Household$22,500$24,150
Married Filing Separately$15,000$16,100

Ordinary income brackets (Single / MFJ / HOH)

Year10% top12% top22% top24% top32% top35% top37% starts
2025 — Single$11,925$48,475$103,350$197,300$250,525$626,350$626,351+
2026 — Single$12,400$50,400$105,700$201,775$256,225$640,600$640,601+
2025 — MFJ$23,850$96,950$206,700$394,600$501,050$751,600$751,601+
2026 — MFJ$24,800$100,800$211,400$403,550$512,450$768,700$768,701+
2025 — HOH$17,000$64,850$103,350$197,300$250,500$626,350$626,351+
2026 — HOH$17,700$67,450$105,700$201,775$256,200$640,600$640,601+

What is Gross vs Net Salary?

Gross Salary

The total amount quoted in your job offer before any money is taken out.

Includes
  • • Base Salary
  • • Bonuses & Commissions
  • • Overtime Pay

Net Salary

The actual "Take-Home Pay" that lands in your bank account.

Your Gross Salary Minus:
  • 📉 Income Tax: Funds public services
  • 👴 Social Security: Retirement/disability
  • 🏥 Health Insurance: Healthcare access

Our calculator helps you bridge the gap, showing you exactly where your money goes and how much you keep.

Hourly vs. Monthly vs. Yearly

Freelancers often think in hourly rates, while salaried employees think in yearly terms. Our tool lets you toggle between:

⏱️
Hourly
Best for contractors & part-time
📅
Monthly
Best for budgeting expenses
💼
Yearly
Best for job offers & planning

Salary Conversion Examples (2026)

Common Pay Period Conversions

The table below shows common salary conversions assuming a standard 40-hour workweek (2,080 hours per year) and various effective tax rates scenarios.

Hourly RateWeekly (40 hrs)MonthlyAnnual (Gross)Net (20% Tax)Net (30% Tax)
$15.00$600$2,600$31,200$24,960$21,840
$20.00$800$3,467$41,600$33,280$29,120
$25.00$1,000$4,333$52,000$41,600$36,400
$30.00$1,200$5,200$62,400$49,920$43,680
$50.00$2,000$8,667$104,000$83,200$72,800
$75.00$3,000$13,000$156,000$124,800$109,200

⚠️Monthly amounts assume 4.33 weeks per month. Tax rates are examples only; actual rates vary by location, income level, and filing status. Use your effective tax rate for accurate calculations.

Estimating Net Pay (Take Home)

Your "Take Home" pay is what lands in your bank account after taxes. Since tax rates vary wildly by country (and even state/region), this calculator uses a flat effective tax rate that you provide.

How to Find Your Effective Tax Rate

To get an accurate result, check your previous paystub and use this simple formula:

(Total Tax ÷ Gross Pay) × 100 = Tax Rate %

For long-term financial planning, consider how inflation affects your purchasing power over time, especially when comparing salaries across different years.

Key Payroll Terms Dictionary

🇺🇸 FICA

Federal Insurance Contributions Act. The federal law mandating payroll taxes that fund Social Security and Medicare. These are mandatory deductions for most employees.

📝 Withholding

The portion of your paycheck that your employer sends directly to the government as a prepayment of your income tax liability for the year.

📅 YTD (Year-to-Date)

The total amount of income earned or taxes paid from the beginning of the current calendar year (Jan 1st) up to the present pay period.

🛡️ Pre-Tax Deductions

Money taken out of your gross pay before taxes are calculated (e.g., 401(k), health insurance). This lowers your taxable income.

💰 Disposable Income

Often called "Net Pay". The amount of money you have available for spending and saving after all income taxes and payroll deductions have been taken out.

📈 Marginal Tax Rate

The tax rate paid on your highest dollar earned. In a progressive system, earning more pushes you into higher brackets, but only that additional income is taxed at the higher rate.

Frequently Asked Questions (FAQ)

What is the difference between Gross and Net salary?

Gross salary is the total amount you earn before any deductions. Net salary (or take-home pay) is what you actually receive in your bank account after income tax, social security, and health insurance contributions have been subtracted.

How do I calculate annual salary from hourly wage?

Multiply your hourly wage by the number of hours you work per week, then multiply by 52 (weeks in a year). Example: $20/hr * 40 hours = $800/week * 52 = $41,600/year.

Are the 2026 tax rates accurate?

Yes, our calculator uses the latest available 2026 tax regulations and social security rates to provide the most accurate estimate possible.

How much is $50,000 a year after taxes?

If you earn $50,000 a year as a single filer in 2026 (taking the standard deduction), your estimated take-home pay is approximately $40,500 - $41,500, depending on your state tax rates. FICA taxes take out 7.65% flat, and federal income tax applies to the rest.

Do I pay taxes on my bonus?

Yes. Bonuses are considered "supplemental wages" and are often withheld at a flat 22% rate for federal taxes, plus Social Security and Medicare. However, they are taxed as ordinary income when you file your return.

What percentage of my paycheck goes to taxes?

For an average US earner ($60k/year), about 20-25% goes to taxes total (Federal + State + FICA). If you earn more, your effective rate increases due to progressive tax brackets.

How does filing status affect my take-home pay?

Your filing status (Single, Married, Head of Household) determines your Standard Deduction and tax brackets. Married Filing Jointly generally offers the widest tax brackets and highest deduction, often resulting in lower tax liability than Single for the same household income.

Is 401(k) deducted before or after tax?

Traditional 401(k) contributions are "Pre-Tax," meaning they are deducted from your gross pay before income tax is calculated, lowering your taxable income. Roth 401(k) contributions are "Post-Tax" and do not lower your current taxable income.