Paycheck Calculator

Estimate your take-home pay after taxes and deductions

Country / Region

Annual gross salary

Pay frequency

401(k) / Retirement contribution (%)

Pre-tax — reduces taxable income

Other monthly deductions (health insurance, etc.)

Take-home pay (monthly)

—

* Estimates only. Actual take-home pay depends on your specific tax filing status, deductions, and employer. Consult a tax professional for precise calculations.

Understanding Your Paycheck

What deductions come out of my paycheck?

In the US: Federal income tax, Social Security (6.2%), Medicare (1.45%), state income tax (varies), and any pre-tax benefits. In the UK: Income Tax (20/40/45%) and National Insurance (8–12%). In India: Income tax (TDS), Employee PF (12%), and Professional Tax.

Gross vs net salary

Gross salary is what you're paid before any deductions. Net salary (take-home pay) is what actually lands in your bank account after tax and other deductions. The difference can be 20–40% depending on your income level and country.