Net Pay Calculation:
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This calculator estimates your net hourly pay in California for 2024 by subtracting taxes and deductions from your gross hourly wage, similar to ADP's paycheck calculation tool.
The calculator uses the following formula:
Where:
Details: Understanding your net pay helps with budgeting and financial planning. California has some of the highest state taxes in the U.S., making accurate calculations particularly important.
Tips: Enter your gross hourly wage and estimated tax withholdings. For most employees, FICA will be 7.65% of gross pay (6.2% for Social Security + 1.45% for Medicare).
Q1: How accurate is this calculator?
A: This provides an estimate. Actual paychecks may vary based on additional deductions, tax credits, or special circumstances.
Q2: What's the difference between gross and net pay?
A: Gross pay is your total earnings before deductions, while net pay is your "take-home" amount after all taxes and deductions.
Q3: Why are California taxes higher?
A: California has progressive state income tax rates ranging from 1% to 13.3%, plus additional taxes for high earners.
Q4: What other deductions might apply?
A: Health insurance, retirement contributions, wage garnishments, or other voluntary deductions may further reduce net pay.
Q5: How often should I recalculate?
A: Recalculate whenever your pay rate changes, tax laws change, or you experience significant life events (marriage, dependents, etc.).