1. What is this Calculator?

This calculator compares net salary in California vs. Florida (time difference irrelevant). It accounts for differences in state taxation between these locations.

2. How Does the Calculator Work?

The calculator uses these formulas:

Where:

• Gross Pay — Annual salary before deductions
• Federal Tax — Estimated federal income tax
• California State Tax — California state income tax
• FICA — Social Security and Medicare taxes

3. Importance of Salary Comparison

Details: Comparing net salaries across states helps in relocation decisions, job offers evaluation, and cost-of-living adjustments.

4. Using the Calculator

Tips: Enter all amounts in USD. Florida has no state income tax, so only California state tax is subtracted for CA calculation.

5. Frequently Asked Questions (FAQ)

Q1: Why compare California and Florida specifically?
A: These states represent high-tax vs. no-state-income-tax scenarios, showing maximum potential difference.

Q2: What is FICA?
A: Federal Insurance Contributions Act tax (7.65%) for Social Security and Medicare.

Q3: Are local taxes included?
A: No, this calculator only accounts for federal and state-level taxes.

Q4: What about other deductions?
A: This is a simplified comparison. Actual paychecks may include other deductions.

Q5: Does this account for cost of living differences?
A: No, this only compares tax impacts. Cost of living would require additional analysis.