In today’s fast-paced economy, understanding your take-home pay is crucial for financial planning. As of the second quarter of 2026, the median weekly earnings for full-time U.S. workers reached $1,196, marking a steady increase amid ongoing wage growth trends.
Our Weekly Paycheck Calculator empowers you to break down your earnings, taxes, and deductions effortlessly, using up-to-date 2026 tax data to provide reliable insights into your net pay.
Weekly Paycheck Breakdown
Note: This is an estimate using projected 2025 tax data. State tax calculations are simplified and do not account for state-specific deductions or credits. Always consult a tax professional for precise figures.
How It Works (Step by Step)
- Select Pay Type and Filing Status: Choose between hourly or salary pay, and your tax filing status (single, married jointly, etc.) to tailor calculations.
- Enter Pay Details: For hourly, input your rate, regular hours, and overtime. For salary, provide your gross weekly amount.
- Add Year-to-Date Gross: Input your YTD earnings up to your last paycheck for accurate Social Security and Medicare computations.
- Include Credits and Withholdings: Enter annual dependent credits, additional federal withholdings, state selection, local tax rate, and pre/post-tax deductions.
- Calculate and Review: Click “Calculate Paycheck” to see a detailed breakdown, including gross pay, taxes, deductions, and net pay. Visualize with charts and download results.
- Adjust as Needed: Use the clear button to reset and experiment with different scenarios.
FAQs: Weekly Paycheck Calculator
How do I calculate my weekly paycheck after taxes?
Input your pay details, filing status, and deductions into the tool for an instant breakdown including federal, FICA, state, and local taxes.
What is the 2026 Social Security tax limit?
The wage base for Social Security taxes in 2026 is $176,100, with a 6.2% rate applied up to that amount.
How does overtime affect my weekly pay?
Overtime is calculated at 1.5x your hourly rate and increases gross pay, but it’s fully taxable, potentially pushing you into higher brackets.
What are the 2026 federal tax brackets?
They range from 10% (up to $11,925 for singles) to 37% (over $626,350), adjusted for inflation.
Do all states have income tax?
No; states like Florida, Texas, and Washington have no state income tax, while others like California have rates up to 13.3%.
How do deductions impact my take-home pay?
Pre-tax deductions reduce taxable income, lowering taxes; post-tax ones subtract directly from after-tax pay.
What is the Medicare surtax?
An additional 0.9% on wages exceeding $200,000 (single) or $250,000 (married jointly).
Can this tool handle YTD earnings?
Yes, it uses YTD gross to accurately apply wage caps for Social Security and Medicare surtax.
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