Do you need to calculate how much your take-home pay will be? When you’re evaluating a job offer, receiving a raise, or you’ve changed your tax status, a paycheck calculator can help you quickly figure out your net pay. You’ll be able to learn how much you’ll be paid after federal, state, and local income taxes and other deductions, such as Social Security, Medicare, retirement contributions, and health insurance, from your pay.
When you’re job searching, paycheck calculators can help you figure out if a job offer makes sense given your expenses, as well as how much you need to earn in your next position in order to pay the bills. Knowing how much money you’ll be taking home can also help you plan a budget and, if need be, adjust withholdings from your check.
If you’ve earned overtime pay, you’ll be able to see how much it will add to your paycheck.
There are many free online paycheck calculators you can use to estimate how much your paycheck will be. Here’s how they work, along with a selection of free paycheck calculators to try.
How Paycheck Calculators Work
When you use an online paycheck calculator, you provide information on how much your salary or hourly wage is, your marital status, your dependents, and any extra withholding you have deducted from your pay. With some calculators, you can also include additions to your pay, such as overtime. The calculator will give you an estimate of your net pay after taxes and other deductions.
Note: If you’re currently employed, your pay stub will have all the information you need to enter.
If you don’t have all the requested information, just skip that section. You’ll still be able to get a ballpark figure which will give you an idea of how much you’ll earn.
Free Online Paycheck Calculators
ADP Paycheck Calculator
Use ADP’s paycheck calculator to estimate take-home pay by selecting how often you’re paid, how you’re paid (salary or hourly), your salary (per year or pay period), and the date of the pay period. If you’re an hourly employee, you can calculate overtime or double time pay by adding the hours you’ve worked and your overtime pay rate.
SmartAsset Federal Paycheck Calculator
With SmartAsset’s free paycheck calculator, you can add your salary or hourly wage, overtime wage and hours, marital status, location, tax allowances, additional withholdings, and deductions to get an estimate of your net paycheck.
Calculator.Net Take-Home-Paycheck Calculator
This tool calculates your take-home pay after taxes and salary deductions. It doesn’t include an hourly calculator, but it’s a way to get a quick estimate of your net pay.
QuickBooks Free Paycheck Calculator
The QuickBooks free hourly and salary paycheck calculator can estimate gross and net pay, based on taxes, withholdings, overtime, commissions, and bonuses.
Inch Overtime Calculator
This calculator is a quick and easy way to determine your overtime pay. Add your regular rate of pay, how much overtime you are eligible for (time and a half, double-time, triple-time, etc.), the regular hours you worked, and the overtime hours you worked. You’ll get your overtime pay rate, regular earnings, overtime wages, and total earnings.
Tip: For an easy way to keep track of your hours, download the U.S. Department of Labor’s DOL-Time Sheet app. It helps track regular work hours, break time, and overtime hours, and automatically calculates pay.
How Much Tax Should You Have Withheld?
How much tax you have withheld from your paycheck will impact your net pay and how much you owe the Internal Revenue Service when you file your tax return, if you haven’t withheld enough.
If you’re not sure how much tax you should have withheld from your paycheck, use the IRS Tax Withholding Estimator to estimate how much federal income tax you want your employer to withhold from your paycheck.
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