Net Hourly = Gross Hourly - Federal Tax - FICA
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This calculator helps you determine your net hourly salary in Texas by subtracting federal tax and FICA contributions from your gross hourly wage. It provides a quick estimate of your take-home pay.
The calculator uses the following simple formula:
Where:
Details: Understanding your net hourly wage helps with budgeting, financial planning, and comparing job offers. Texas has no state income tax, but federal taxes and FICA still apply.
Tips: Enter your gross hourly wage, estimated federal tax per hour, and FICA contributions per hour. All values must be positive numbers.
Q1: Why doesn't this include state tax?
A: Texas doesn't have a state income tax, so only federal taxes and FICA apply.
Q2: How do I estimate my federal tax per hour?
A: You can divide your estimated annual federal tax by the number of working hours in a year (typically 2080 for full-time).
Q3: What is the FICA rate?
A: FICA is typically 7.65% of gross pay (6.2% for Social Security and 1.45% for Medicare).
Q4: Are there other deductions not included here?
A: Yes, this doesn't account for health insurance, retirement contributions, or other voluntary deductions.
Q5: Is this calculator specific to Texas?
A: While designed for Texas (no state tax), it can be used anywhere by adding any applicable state/local taxes to the federal tax amount.