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How to Calculate Take-Home Pay

You only need some information about your tax situation and payroll deductions.

By Catherine Brock – Updated Sep 29, 2024 at 10:13PM

Key Points

  • You can calculate take-home pay by subtracting deductions and taxes from your salary.
  • Use IRS tax brackets to estimate federal taxes based on your taxable income and filing status.
  • Items that reduce your net income include income taxes, payroll taxes, pretax deductions, and after-tax deductions.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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