Weekly
Bi-Weekly
Semi-Monthly
Monthly
Single
Married Filing Jointly
Your Estimated Texas Wage Breakdown:
Gross Pay (Per Pay Period):
Gross Pay (Annually):
Federal Income Tax (Per Pay Period):
Federal Income Tax (Annually):
Social Security Tax (Per Pay Period):
Social Security Tax (Annually):
Medicare Tax (Per Pay Period):
Medicare Tax (Annually):
Pre-Tax Deductions (Per Pay Period):
Pre-Tax Deductions (Annually):
Total Deductions (Per Pay Period):
Total Deductions (Annually):
Net Pay (Per Pay Period):
Net Pay (Annually):
Note: Texas has no state income tax. This calculation is an estimate and may not reflect all individual tax situations or specific employer deductions.
function calculateTexasWage() {
var hourlyWage = parseFloat(document.getElementById('hourlyWage').value);
var hoursPerWeek = parseFloat(document.getElementById('hoursPerWeek').value);
var payFrequency = document.getElementById('payFrequency').value;
var filingStatus = document.getElementById('filingStatus').value;
var dependents = parseInt(document.getElementById('dependents').value);
var preTaxDeductionsPerPeriod = parseFloat(document.getElementById('preTaxDeductions').value);
// Validate inputs
if (isNaN(hourlyWage) || hourlyWage < 0) {
alert("Please enter a valid hourly wage.");
return;
}
if (isNaN(hoursPerWeek) || hoursPerWeek < 0) {
alert("Please enter valid hours worked per week.");
return;
}
if (isNaN(dependents) || dependents < 0) {
alert("Please enter a valid number of dependents.");
return;
}
if (isNaN(preTaxDeductionsPerPeriod) || preTaxDeductionsPerPeriod < 0) {
alert("Please enter valid pre-tax deductions.");
return;
}
var annualWeeks = 52;
var payPeriodsPerYear;
var weeksPerPayPeriod;
switch (payFrequency) {
case 'weekly':
payPeriodsPerYear = 52;
weeksPerPayPeriod = 1;
break;
case 'bi-weekly':
payPeriodsPerYear = 26;
weeksPerPayPeriod = 2;
break;
case 'semi-monthly':
payPeriodsPerYear = 24;
weeksPerPayPeriod = annualWeeks / 24; // Approx 2.1667
break;
case 'monthly':
payPeriodsPerYear = 12;
weeksPerPayPeriod = annualWeeks / 12; // Approx 4.3333
break;
}
// Gross Pay Calculation
var grossPayAnnual = hourlyWage * hoursPerWeek * annualWeeks;
var grossPayPeriod = grossPayAnnual / payPeriodsPerYear;
// Pre-Tax Deductions
var preTaxDeductionsAnnual = preTaxDeductionsPerPeriod * payPeriodsPerYear;
var taxableGrossAnnual = grossPayAnnual – preTaxDeductionsAnnual;
// FICA Taxes (Social Security & Medicare)
var socialSecurityLimit = 168600; // 2024 limit
var socialSecurityRate = 0.062;
var medicareRate = 0.0145;
var socialSecurityTaxAnnual = Math.min(taxableGrossAnnual, socialSecurityLimit) * socialSecurityRate;
var medicareTaxAnnual = taxableGrossAnnual * medicareRate;
var socialSecurityTaxPeriod = socialSecurityTaxAnnual / payPeriodsPerYear;
var medicareTaxPeriod = medicareTaxAnnual / payPeriodsPerYear;
// Federal Income Tax (FIT) Calculation (Simplified for 2024)
// This is a simplified model and does not account for all W-4 complexities or credits.
var standardDeduction;
var dependentCredit = dependents * 2000; // Simplified dependent credit, not a direct W-4 calculation
if (filingStatus === 'single') {
standardDeduction = 14600; // 2024 Single Standard Deduction
} else { // Married Filing Jointly
standardDeduction = 29200; // 2024 MFJ Standard Deduction
}
var adjustedGrossIncome = taxableGrossAnnual; // For simplicity, using taxableGrossAnnual as AGI
var taxableIncome = adjustedGrossIncome – standardDeduction – dependentCredit;
if (taxableIncome < 0) taxableIncome = 0;
var federalTaxAnnual = 0;
// 2024 Tax Brackets (Annual)
if (filingStatus === 'single') {
if (taxableIncome <= 11600) {
federalTaxAnnual = taxableIncome * 0.10;
} else if (taxableIncome <= 47150) {
federalTaxAnnual = 11600 * 0.10 + (taxableIncome – 11600) * 0.12;
} else if (taxableIncome <= 100525) {
federalTaxAnnual = 11600 * 0.10 + (47150 – 11600) * 0.12 + (taxableIncome – 47150) * 0.22;
} else if (taxableIncome <= 191950) {
federalTaxAnnual = 11600 * 0.10 + (47150 – 11600) * 0.12 + (100525 – 47150) * 0.22 + (taxableIncome – 100525) * 0.24;
} else if (taxableIncome <= 243725) {
federalTaxAnnual = 11600 * 0.10 + (47150 – 11600) * 0.12 + (100525 – 47150) * 0.22 + (191950 – 100525) * 0.24 + (taxableIncome – 191950) * 0.32;
} else if (taxableIncome <= 609350) {
federalTaxAnnual = 11600 * 0.10 + (47150 – 11600) * 0.12 + (100525 – 47150) * 0.22 + (191950 – 100525) * 0.24 + (243725 – 191950) * 0.32 + (taxableIncome – 243725) * 0.35;
} else {
federalTaxAnnual = 11600 * 0.10 + (47150 – 11600) * 0.12 + (100525 – 47150) * 0.22 + (191950 – 100525) * 0.24 + (243725 – 191950) * 0.32 + (609350 – 243725) * 0.35 + (taxableIncome – 609350) * 0.37;
}
} else { // Married Filing Jointly
if (taxableIncome <= 23200) {
federalTaxAnnual = taxableIncome * 0.10;
} else if (taxableIncome <= 94300) {
federalTaxAnnual = 23200 * 0.10 + (taxableIncome – 23200) * 0.12;
} else if (taxableIncome <= 201050) {
federalTaxAnnual = 23200 * 0.10 + (94300 – 23200) * 0.12 + (taxableIncome – 94300) * 0.22;
} else if (taxableIncome <= 383900) {
federalTaxAnnual = 23200 * 0.10 + (94300 – 23200) * 0.12 + (201050 – 94300) * 0.22 + (taxableIncome – 201050) * 0.24;
} else if (taxableIncome <= 487450) {
federalTaxAnnual = 23200 * 0.10 + (94300 – 23200) * 0.12 + (201050 – 94300) * 0.22 + (383900 – 201050) * 0.24 + (taxableIncome – 383900) * 0.32;
} else if (taxableIncome <= 731200) {
federalTaxAnnual = 23200 * 0.10 + (94300 – 23200) * 0.12 + (201050 – 94300) * 0.22 + (383900 – 201050) * 0.24 + (487450 – 383900) * 0.32 + (taxableIncome – 487450) * 0.35;
} else {
federalTaxAnnual = 23200 * 0.10 + (94300 – 23200) * 0.12 + (201050 – 94300) * 0.22 + (383900 – 201050) * 0.24 + (487450 – 383900) * 0.32 + (731200 – 487450) * 0.35 + (taxableIncome – 731200) * 0.37;
}
}
if (federalTaxAnnual < 0) federalTaxAnnual = 0; // Ensure tax isn't negative
var federalTaxPeriod = federalTaxAnnual / payPeriodsPerYear;
// Total Deductions
var totalDeductionsAnnual = federalTaxAnnual + socialSecurityTaxAnnual + medicareTaxAnnual + preTaxDeductionsAnnual;
var totalDeductionsPeriod = totalDeductionsAnnual / payPeriodsPerYear;
// Net Pay
var netPayAnnual = grossPayAnnual – totalDeductionsAnnual;
var netPayPeriod = grossPayPeriod – totalDeductionsPeriod;
// Display Results
document.getElementById('grossPayPeriod').innerText = '$' + grossPayPeriod.toFixed(2);
document.getElementById('grossPayAnnual').innerText = '$' + grossPayAnnual.toFixed(2);
document.getElementById('federalTaxPeriod').innerText = '$' + federalTaxPeriod.toFixed(2);
document.getElementById('federalTaxAnnual').innerText = '$' + federalTaxAnnual.toFixed(2);
document.getElementById('socialSecurityPeriod').innerText = '$' + socialSecurityTaxPeriod.toFixed(2);
document.getElementById('socialSecurityAnnual').innerText = '$' + socialSecurityTaxAnnual.toFixed(2);
document.getElementById('medicareTaxPeriod').innerText = '$' + medicareTaxPeriod.toFixed(2);
document.getElementById('medicareTaxAnnual').innerText = '$' + medicareTaxAnnual.toFixed(2);
document.getElementById('preTaxDeductionsPeriod').innerText = '$' + preTaxDeductionsPerPeriod.toFixed(2);
document.getElementById('preTaxDeductionsAnnual').innerText = '$' + preTaxDeductionsAnnual.toFixed(2);
document.getElementById('totalDeductionsPeriod').innerText = '$' + totalDeductionsPeriod.toFixed(2);
document.getElementById('totalDeductionsAnnual').innerText = '$' + totalDeductionsAnnual.toFixed(2);
document.getElementById('netPayPeriod').innerText = '$' + netPayPeriod.toFixed(2);
document.getElementById('netPayAnnual').innerText = '$' + netPayAnnual.toFixed(2);
}
// Run calculation on page load with default values
document.addEventListener('DOMContentLoaded', function() {
calculateTexasWage();
});
Understanding Your Texas Paycheck: A Comprehensive Wage Guide
Navigating your paycheck can sometimes feel like deciphering a complex code. For residents of Texas, understanding your wage breakdown is particularly important due to the state's unique tax structure. This Texas Wage Calculator and guide will help you understand how your gross pay transforms into your net take-home pay, highlighting the key deductions and the significant advantage of living in the Lone Star State.
How Your Gross Pay is Calculated
Your gross pay is the total amount of money you earn before any deductions are taken out. It's the foundation of your paycheck and is typically calculated based on your hourly wage and the number of hours you work, or your annual salary.
Hourly Wage: If you're paid hourly, your gross pay for a given period is simply your hourly rate multiplied by the hours you worked in that period. For example, if you earn $25 per hour and work 40 hours a week, your weekly gross pay is $1,000.
Salary: If you're salaried, your annual salary is divided by your pay frequency (e.g., 12 for monthly, 26 for bi-weekly) to determine your gross pay per pay period.
Key Deductions from Your Texas Paycheck
While Texas doesn't have a state income tax, your paycheck will still see deductions for federal taxes and other contributions. These typically include:
1. Federal Income Tax (FIT)
This is a mandatory tax levied by the U.S. government on your earnings. The amount withheld depends on several factors, including your gross income, your filing status (Single, Married Filing Jointly, etc.), and the information you provide on your W-4 form (such as the number of dependents). The federal income tax system is progressive, meaning higher earners pay a larger percentage of their income in taxes.
2. FICA Taxes (Social Security and Medicare)
FICA stands for the Federal Insurance Contributions Act, and it funds two crucial federal programs:
Social Security: This provides benefits for retirees, the disabled, and survivors. Employees typically contribute 6.2% of their gross wages up to an annual income limit (which changes each year, e.g., $168,600 for 2024).
Medicare: This provides health insurance for individuals aged 65 or older, and for some younger people with disabilities. Employees contribute 1.45% of all their gross wages, with no income limit.
Your employer also pays a matching amount for both Social Security and Medicare taxes.
3. Pre-Tax Deductions
These are deductions taken from your gross pay before federal income tax is calculated, which can lower your taxable income and thus your federal tax liability. Common pre-tax deductions include:
Contributions to a 401(k) or other retirement plans
Health, dental, and vision insurance premiums
Health Savings Account (HSA) or Flexible Spending Account (FSA) contributions
4. Post-Tax Deductions (Less Common for Basic Wage Calculation)
These are deductions taken after all taxes have been calculated. Examples might include:
Roth 401(k) contributions
Union dues
Garnishments
Our calculator focuses primarily on pre-tax deductions for simplicity.
The Texas Advantage: No State Income Tax
One of the most significant financial benefits of living and working in Texas is the absence of a state income tax. This means that unlike residents in many other states, Texans do not have a portion of their wages withheld for state-level income taxes. This can result in a noticeably higher take-home pay compared to individuals earning the same gross income in states with high income tax rates.
Understanding Your Net Pay
Your net pay, also known as your take-home pay, is the amount of money you receive after all deductions have been subtracted from your gross pay. It's the actual money that lands in your bank account or is given to you as a check.
Net Pay = Gross Pay – (Federal Income Tax + Social Security Tax + Medicare Tax + Pre-Tax Deductions + Other Post-Tax Deductions)
Example Calculation for a Texas Resident
Let's consider a hypothetical Texas resident, Sarah, who works as a marketing specialist:
Hourly Wage: $30
Hours Worked Per Week: 40
Pay Frequency: Bi-Weekly
Federal Filing Status: Single
Number of Dependents: 0
Pre-Tax Deductions (401k, Health Insurance): $150 per bi-weekly pay period
Using the calculator, here's an estimated breakdown:
Annual Social Security Tax: $58,500 * 6.2% = $3,627.00
Annual Medicare Tax: $58,500 * 1.45% = $848.25
Annual Federal Income Tax (estimated based on 2024 single brackets, after standard deduction): To calculate, first determine taxable income: $58,500 (taxable gross) – $14,600 (standard deduction) = $43,900 taxable income.
10% on first $11,600: $1,160.00
12% on remaining ($43,900 – $11,600 = $32,300): $3,876.00
Total Federal Income Tax: $1,160.00 + $3,876.00 = $5,036.00
This example demonstrates how various deductions impact Sarah's take-home pay, even without state income tax.
Disclaimer
This Texas Wage Calculator provides an estimate based on current federal tax laws (2024) and common deductions. It does not account for all possible individual tax situations, local taxes (if any, though rare for income), specific employer benefits, or other unique deductions. For precise payroll calculations, always consult with a qualified tax professional or your employer's HR/payroll department.