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CortexCalculator
CortexCalculator
Income & Pay

Paycheck calculator

Estimate your take-home pay after federal taxes & FICA.

Your inputs
$
$
Results
Take-home / paycheck
$2,457.71
Gross / paycheck
$3,269.23
Annual take-home
$63,901
Federal tax (annual)
$9,397
State tax — TX (0.00%)
$0
FICA (SS + Medicare)
$6,503
Effective tax rate
18.7%
Breakdown
Total: $85,000
Where your gross salary goes (annual)
0%25%50%75%100%
  • Take-home
    $63,90175.2%
  • Federal tax
    $9,39711.1%
  • FICA
    $6,5037.6%
  • Pre-tax deductions
    $5,2006.1%
Detailed Breakdown

Texas state tax breakdown

Texas does not levy a wage income tax. Estimates exclude city, county, and special-district taxes.

State taxable income (after federal std. deduction)
$65,200
State income tax · 0.00% effective
$0
State disability / paid leave (SDI) · 0.00%Not levied in this state
$0
Local / city income tax · 0.00%Typical statewide — verify your locality
$0
Total state & local (annual)
$0
Total state & local / paycheck
$0.00
Effective state burden
0.00%
Validation±$0 tolerance
✓ Recomputed from rates — matches

Rates reflect 2024 reference data and are simplified estimates — not tax advice. Consult a CPA or your state's Department of Revenue for exact withholding.

Decision Engine

Should you go for this?

Your paycheck keeps most of your earnings.

Tax-Efficient
Financial fit score80/100
Effective tax
97.1%
Annual take-home
$2,458
Next steps
  • High effective tax — check W-4 withholding and pre-tax 401(k)/HSA contributions.
AI Insight
Personalized analysis from your numbers

Tap Generate for an AI-written breakdown of what your numbers mean, plus tailored next steps.

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About this calculator

What the Paycheck calculator does

The Paycheck Calculator estimates your take-home pay after federal income tax, FICA (Social Security + Medicare), an approximated state tax, and any pre-tax deductions you contribute each pay period.

How to use it
  1. Enter your details: Annual gross salary, Pay frequency, Filing status, State, Pre-tax deductions / paycheck.
  2. Results update instantly as you type — no submit button needed.
  3. Tap an info icon next to any field for guidance on what to enter.
  4. Use the Share button to save a permalink that restores your exact inputs.
  5. Tap Generate on the AI Insight card for a personalized written breakdown.
Tips & context
  • Maxing 401(k) pre-tax contributions lowers your federal taxable income.
  • FICA is capped on Social Security wages each year; high earners see a small bump above the cap.
  • States like TX, FL, WA, NV, TN, SD, WY, AK have no state income tax.
Formula

Net pay = Gross pay − Federal tax − State tax − FICA (6.2% SS + 1.45% Medicare) − Pre-tax deductions

FAQ

Frequently asked

Is this exact?+

It uses current federal brackets and approximated state effective rates. Local taxes, garnishments, and post-tax deductions aren't modeled.

Does it support bonuses?+

Bonuses are taxed at supplemental rates by the IRS — this tool models regular wages only.