Calculator Inputs
Example data table
| Scenario | Gross | Pre-tax | Taxes | Net |
|---|---|---|---|---|
| Staff biweekly, $72,000 annual | $2,769.23 | $430.00 | $545.40 | $1,793.83 |
| Adjunct weekly, 12 hrs, $35/hr | $420.00 | $0.00 | $84.21 | $335.79 |
| Faculty monthly, $98,000 annual | $8,166.67 | $650.00 | $1,847.75 | $5,668.92 |
Numbers are illustrative. Your results depend on local rules and elections.
Formula used
1) Gross pay per period
Salary: Gross = Annual Salary ÷ Periods per Year
Hourly: Gross = (Regular Hours × Rate) + (Overtime Hours × Rate × Multiplier)
Hourly: Gross = (Regular Hours × Rate) + (Overtime Hours × Rate × Multiplier)
2) Taxable wages
Taxable Wages = (Gross − Pre-tax Deductions) + Taxable Benefits
3) Withholding (simple estimator)
Tax = Taxable Wages × Rate for federal, state, and local.
Social Security is limited by an annual wage base using an annualized estimate.
Social Security is limited by an annual wage base using an annualized estimate.
4) Net pay
Net Pay = Gross − Pre-tax − Total Taxes − Post-tax Deductions
This tool is designed for planning and advising. Actual pay statements can differ due to brackets, credits, special rules, and benefit eligibility.
How to use this calculator
- Choose salary or hourly, then select the pay frequency.
- Enter gross inputs and overtime details if applicable.
- Add pre-tax deductions such as retirement and health premiums.
- Include any taxable benefits like stipends or imputed coverage.
- Enter estimated withholding rates for your location and situation.
- Add post-tax items such as union dues, parking, or garnishments.
- Click the calculate button to see results above the form.
- Use the CSV and PDF buttons to save the breakdown.