Inputs
Export
Formula Used
- Base Gross = Annual Salary ÷ 24.
- Prorated Gross = Base Gross × (Days Worked ÷ Days in Period).
- Overtime = Overtime Hours × Overtime Rate.
- Taxable Income = max(0, Prorated Gross + Overtime − Pre‑Tax Deductions).
- Tax = Taxable Income × (Tax Rate ÷ 100).
- Net Pay = Prorated Gross + Overtime − Pre‑Tax Deductions − Tax − Post‑Tax Deductions.
- Total Comp (Employee + Employer) = Net Pay + Employer Contributions.
This calculator uses an effective tax rate for simplicity. For progressive brackets, compute tax per bracket and replace step 5 with the bracketed sum.
Results (This Period)
Net Pay
$0.00
Taxes
$0.00
Employer + You
$0.00
| Item | Amount |
|---|
Example Data Table
Auto-fills after first calculation
| # | Gross | Overtime | Pre‑Tax | Tax | Post‑Tax | Net |
|---|---|---|---|---|---|---|
| Run the calculator to populate sample rows. | ||||||
Graph