For employees and hourly workers: estimate your take-home pay after tax, or convert an hourly wage into a yearly salary. Self-employed? Try our gig and 1099 tax calculators instead.
Gross pay is the headline number on a job offer, but net pay is what you can spend, save and invest. The gap between them comes from federal income tax, Social Security and Medicare, state and local taxes, and deductions such as retirement contributions and health insurance premiums.
Hourly vs. salaried pay
Hourly workers are paid for the hours they work and may earn overtime, while salaried employees receive a fixed amount per year. Converting between the two makes job offers easier to compare.
Frequently asked questions
Start with the Hourly to Salary Calculator if you are paid by the hour and want a yearly figure, then use the Paycheck Calculator to see how much of that reaches your bank account after taxes.
Federal tax and FICA use the 2026 rules. State tax is a flat percentage you set, so results are close estimates; payroll systems may add local taxes and benefit deductions.
Not exactly. Self-employed workers pay both halves of Social Security and Medicare tax and make quarterly payments, so use the gig and 1099 tax calculators instead.