Paycheck Calculator
For Wages Paid in 2022 using the NEW W-4 Form
Gross Pay
Gross Pay: $ 3,500.00
Pay Period: Monthly
NET Take-Home
Est. Gross Annual Pay: $ 42,000.00 3,500
Pay
Information on W-4
Filing Status: Married Joint
3,000
Is Box 2(c) checked?: No
Dependents from Step 3:
Other Income from Step 4a:
2,500
Deductions from Step 4b:
Extra Withholding from Step 4c:
2,000
Filing Status and Withholdings
Pre-Tax Adjustments (not included in Step 4b)
Tax Deferral Plan, 401(k): 0.00% 1,500
Health Insurance Premiums: $ -
Other Pre-Tax Deductions: $ -
FICA Social Secu-
1,000
Federal Taxable Gross: $ 3,500.00
Pre-Tax Deductions
rity (6.2%)
Federal Tax
State & Local
Tax Deferral Plan
Adjusted Annual Wage: $ 42,000.00
Health Insurance
Post-Tax Deduc-
FICA Medicare
Withheld
imbursements
Post-Tax Re-
Taxes
Post-Tax Adjustments
Premiums
(1.45%)
500
tions
State & Local Taxes: 5.30%
Other Post-Tax Deductions: $ -
Post-Tax Reimbursements: $ - 0
Estimated Pay Check
NET Take-Home Pay 2,912.58
FICA Social Security (6.2%) 217.00
FICA Medicare (1.45%) 50.75
Federal Tax Withheld 134.17
Tax Deferral Plan 0.00
Health Insurance Premiums 0.00
Pre-Tax Deductions 0.00
State & Local Taxes 185.50
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.
Paycheck Calculator
For Wages Paid in 2022 using the OLD W-4 Form
Gross Pay
Gross Pay: $ 3,500.00
Pay Period: Monthly
NET Take-Home
Est. Gross Annual Pay: $ 42,000.00
Pay
Filing Status and Withholdings 2,500
Filing Status: Head-of-Household
Number of Allowances: 2
Additional Amount to Withhold: $ 600.00 2,000
One Allowance: $ 358.33
Pre-Tax Adjustments
Tax Deferral Plan, 401(k): 0.00%
1,500
Health Insurance Premiums: $ -
Other Pre-Tax Deductions: $ -
Federal Tax
Federal Taxable Gross: $ 2,783.33
1,000
Post-Tax Adjustments
Security (6.2%)
State & Local Taxes: 5.30%
FICA Social
State & Local
Health Insurance
FICA Medicare
Other Post-Tax Deductions: $ -
Post-Tax Deduc -
Pre-Tax Deduc
imbursements
-
Post-Tax Re
Premiums
-
Taxes
Post-Tax Reimbursements: $ - 500
(1.45%)
Tax Deferral
tions
tions
Plan
Estimated Pay Check
NET Take-Home Pay 2,283.15 0
FICA Social Security (6.2%) 217.00
FICA Medicare (1.45%) 50.75
Federal Tax 801.58
Tax Deferral Plan 0.00
Health Insurance Premiums 0.00
Pre-Tax Deductions 0.00
State & Local Taxes 147.52
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.
Federal Tax Tables (for 2022, using NEW W-4)
These tables are used to estimate the federal tax withholding and need to be updated each year.
STANDARD Withholding Rate Schedules (New W-4s) New Form W-4, Step 2, Checkbox, W
Used when Box 2(c) is NOT Checked (adjusted by 12900 and 8600) Used when Box 2(c) IS
MARRIED Filing Jointly MARRIED Filing Jointly
Wage Threshold Base Withholding Rate Over Threshold Wage Threshold
0.00 0.00 0.0% 0.00
25,900.00 0.00 10.0% 12,950.00
46,450.00 2,055.00 12.0% 23,225.00
109,450.00 9,615.00 22.0% 54,725.00
204,050.00 30,427.00 24.0% 102,025.00
366,000.00 69,295.00 32.0% 183,000.00
457,800.00 98,671.00 35.0% 228,900.00
673,750.00 174,253.50 37.0% 336,875.00
SINGLE or Married Filing Separately SINGLE or Married Filing Separately
Wage Threshold Base Withholding Rate Over Threshold Wage Threshold
0.00 0.00 0.0% 0.00
12,950.00 0.00 10.0% 6,475.00
23,225.00 1,027.50 12.0% 11,613.00
54,725.00 4,807.50 22.0% 27,363.00
102,025.00 15,213.50 24.0% 51,013.00
183,000.00 34,647.50 32.0% 91,500.00
228,900.00 49,335.50 35.0% 114,450.00
552,850.00 162,718.00 37.0% 276,425.00
HEAD OF HOUSEHOLD HEAD OF HOUSEHOLD
Wage Threshold Base Withholding Rate Over Threshold Wage Threshold
0.00 0.00 0.0% 0.00
19,400.00 0.00 10.0% 9,700.00
34,050.00 1,465.00 12.0% 17,025.00
75,300.00 6,415.00 22.0% 37,650.00
108,450.00 13,708.00 24.0% 54,225.00
189,450.00 33,148.00 32.0% 94,725.00
235,350.00 47,836.00 35.0% 117,675.00
559,300.00 161,218.50 37.0% 279,650.00
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
Married Joint 25,900.00
Single 12,950.00
Head of Household 19,400.00
Period Per Year
Pay Period Periods per Year
Weekly 52
Biweekly 26
Semimonthly 24
Monthly 12
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%
1,027.50 12.0%
4,807.50 22.0%
15,213.50 24.0%
34,647.50 32.0%
49,335.50 35.0%
87,126.75 37.0%
or Married Filing Separately
Base Withholding Rate Over Threshold
0.00 0.0%
0.00 10.0%
513.75 12.0%
2,403.75 22.0%
7,606.75 24.0%
17,323.75 32.0%
24,667.75 35.0%
81,359.00 37.0%
F HOUSEHOLD
Base Withholding Rate Over Threshold
0.00 0.0%
0.00 10.0%
732.50 12.0%
3,207.50 22.0%
6,854.00 24.0%
16,574.00 32.0%
23,918.00 35.0%
80,609.25 37.0%
sheet for Percentage Method Tables for Automated Payroll Systems.
Federal Tax Tables (for 2022, using OLD W-4)
These tables are used to estimate the federal tax withholding and need to be updated each year.
Standard Withholding Rate Schedules
Use these if the Form W-4 is from 2019 or earlier
MARRIED Filing Jointly
Wage Threshold Base Withholding Percent
0.00 0.00 0.0%
13,000.00 0.00 10.0%
33,550.00 2,055.00 12.0%
96,550.00 9,615.00 22.0%
191,150.00 30,427.00 24.0%
353,100.00 69,295.00 32.0%
444,900.00 98,671.00 35.0%
660,850.00 174,253.50 37.0%
SINGLE or Married Filing Separately
Wage Threshold Base Withholding Percent
0.00 0.00 0.0%
4,350.00 0.00 10.0%
14,625.00 1,027.50 12.0%
46,125.00 4,807.50 22.0%
93,425.00 15,213.50 24.0%
174,400.00 34,647.50 32.0%
220,300.00 49,335.50 35.0%
544,250.00 162,718.00 37.0%
HEAD OF HOUSEHOLD
Wage Threshold Base Withholding Percent
0.00 0.00 0.0%
10,800.00 0.00 10.0%
25,450.00 1,465.00 12.0%
66,700.00 6,415.00 22.0%
99,850.00 13,708.00 24.0%
180,850.00 33,148.00 32.0%
226,750.00 47,836.00 35.0%
550,700.00 161,218.50 37.0%
Percentage Method - Amount for One Withholding Allowance
Allowance: 4,300.00
Calculations based on Allowance divided by the Periods per Year
Pay Period Periods per Year Allowance
Weekly 52 82.69
Biweekly 26 165.38
Semimonthly 24 179.17
Monthly 12 358.33
Daily 260 16.54
