Handeware
Pay and taxes

Gross pay per pay period

$1,760.00
Federal income tax
$127.35
Social Security
$109.12
Medicare
$25.52
State income tax
$0.00
Net pay per pay period
$1,498.01
Employer's matching Social Security and Medicare
$134.64

A general estimate from the published rules for the year shown, not tax advice. Your own return may differ.

Uses the 2026 US federal tax brackets and standard deductions from the IRS, and the 2026 Social Security wage limit from the Social Security Administration.

Payroll Calculator

Start from an hourly rate and the hours worked, and see gross pay for a pay period, the tax taken out, and net pay. It also shows what an employer adds in matching Social Security and Medicare.

This is an unofficial estimate from published rules. Real payroll follows each worker's Form W-4 and your state's rules. The IRS publishes the withholding tables and rates on its website.

How it works

Gross pay is the hourly rate times hours per week times 52, divided by the number of pay periods in a year. Yearly pay less the standard deduction for the filing status is taxed with the 2026 federal brackets, band by band, then split across the pay periods.

Social Security is 6.2% of pay up to a yearly limit and Medicare is 1.45%, with an extra 0.9% on pay above 200,000 a year that only the worker pays. The employer pays a matching 6.2% and 1.45%. State tax is the rate you type, applied to gross pay. Overtime, benefits and local taxes are not included.

Worked example

Working 40 hours a week at $22.00 an hour gives $1,760.00 gross for each pay period. Federal tax is about $127.35, Social Security $109.12, Medicare $25.52 and state tax $0.00, which leaves $1,498.01. The employer's matching Social Security and Medicare add about $134.64 per pay period.

Questions

What is the difference between gross and net pay?

Gross pay is what you earn before anything is taken out. Net pay is what remains after tax. Net is also called take-home pay.

What state tax rate do I enter?

Use your state's income tax rate, or 0 if it has none, as Texas and Florida do. Some cities and counties add their own tax, which this does not cover.

Why does the employer pay extra?

Employers match the worker's Social Security and Medicare taxes. That cost is on top of the worker's gross pay, so it does not reduce take-home pay.

More like this

All Pay and taxes calculators