Payroll Tax Calculator
Calculate federal, state, and local payroll taxes with FICA, Medicare, and unemployment taxes
About this calculator
The Payroll Tax Calculator helps employers and employees accurately calculate all payroll-related taxes including federal income tax, state taxes, FICA Social Security, Medicare taxes, and unemployment insurance contributions. This comprehensive tool ensures precise tax withholdings, helps with payroll planning, and assists in budgeting by providing detailed breakdowns of gross pay versus net take-home pay. Whether you're processing payroll or estimating your paycheck deductions, this calculator streamlines complex tax calculations.
How to use
Enter the employee's gross salary or hourly wage, pay frequency, filing status, and number of allowances. Select the appropriate state for state tax calculations. The calculator will automatically compute federal taxes, FICA contributions, Medicare taxes, state withholdings, and applicable unemployment taxes, displaying both employer and employee portions with net pay results.
Frequently asked questions
What taxes are included in payroll tax calculations?
Federal income tax, state income tax, Social Security (6.2%), Medicare (1.45%), federal unemployment (FUTA), and state unemployment (SUTA) taxes are included.
How often should I update payroll tax calculations?
Update calculations whenever tax rates change, employee information changes, or at the beginning of each tax year for current rates.
What's the difference between employee and employer payroll taxes?
Employees pay income taxes and half of FICA taxes, while employers pay matching FICA contributions plus unemployment taxes.