About Online Payroll Calculator
The Online Payroll Calculator is a powerful tool designed to help employees and employers estimate net pay (take-home pay). By inputting your gross earnings, filing status, and pay frequency, you can instantly see a detailed breakdown of where your money goes. The calculator automatically estimates Federal Income Tax based on 2024 brackets, Social Security (6.2%), and Medicare (1.45%) taxes. It also allows you to factor in State Tax rates and other Pre-Tax (e.g., 401k) or Post-Tax deductions, giving you a clear picture of your actual disposable income.