1. What is the Salary Tax Calculator?

The Salary Tax Calculator estimates your total tax burden based on your annual salary, state of residence, and filing status for the 2021 tax year. It calculates Federal Income Tax, State Income Tax, and FICA (Social Security and Medicare) taxes.

2. How Does the Calculator Work?

The calculator uses three main components:

Where:

• Federal Tax — Calculated using 2021 IRS tax brackets
• State Tax — Estimated based on state tax rates
• FICA — Social Security (6.2% up to $142,800) + Medicare (1.45% + 0.9% for high earners)

3. Understanding Tax Components

Federal Tax: Progressive tax system with rates from 10% to 37% based on income and filing status.

State Tax: Varies by state (some states like Texas and Florida have no income tax).

FICA: Flat rate payroll taxes that fund Social Security and Medicare programs.

4. Using the Calculator

Tips: Enter your annual salary before taxes, select your state and filing status. The calculator will estimate your tax burden and net income.

5. Frequently Asked Questions (FAQ)

Q1: Are these calculations exact?
A: This provides estimates only. Actual taxes may vary based on deductions, credits, and other factors.

Q2: Why is my state tax zero?
A: Some states (Texas, Florida, etc.) don't have state income tax.

Q3: What about other deductions?
A: This calculator doesn't account for 401(k) contributions, health insurance, or other pre-tax deductions.

Q4: Is this calculator for W-2 employees only?
A: Yes, it's designed for traditional employees. Self-employed individuals have different tax calculations.

Q5: Why use 2021 tax brackets?
A: This calculator is specifically designed for the 2021 tax year. Tax brackets change annually.