Hourly Paycheck Calculator Georgia

Georgia Hourly Paycheck Calculator

Weekly Bi-Weekly Semi-Monthly Monthly

Federal Withholding

Single Married Filing Jointly

Georgia State Withholding

Single Married Filing Jointly

Deductions

function calculatePaycheck() { // Get input values var hourlyWage = parseFloat(document.getElementById("hourlyWage").value); var hoursPerWeek = parseFloat(document.getElementById("hoursPerWeek").value); var payFrequency = document.getElementById("payFrequency").value; var federalFilingStatus = document.getElementById("federalFilingStatus").value; var federalAllowances = parseInt(document.getElementById("federalAllowances").value); var georgiaFilingStatus = document.getElementById("georgiaFilingStatus").value; var georgiaAllowances = parseInt(document.getElementById("georgiaAllowances").value); var preTaxDeductions = parseFloat(document.getElementById("preTaxDeductions").value); var postTaxDeductions = parseFloat(document.getElementById("postTaxDeductions").value); // Validate inputs if (isNaN(hourlyWage) || hourlyWage < 0 || isNaN(hoursPerWeek) || hoursPerWeek < 0 || isNaN(federalAllowances) || federalAllowances < 0 || isNaN(georgiaAllowances) || georgiaAllowances < 0 || isNaN(preTaxDeductions) || preTaxDeductions < 0 || isNaN(postTaxDeductions) || postTaxDeductions < 0) { document.getElementById("result").innerHTML = "Please enter valid positive numbers for all fields."; return; } var weeksPerPayPeriod; var payPeriodsPerYear; switch (payFrequency) { case "weekly": weeksPerPayPeriod = 1; payPeriodsPerYear = 52; break; case "biweekly": weeksPerPayPeriod = 2; payPeriodsPerYear = 26; break; case "semimonthly": weeksPerPayPeriod = 52 / 24; // Approximately 2.1667 payPeriodsPerYear = 24; break; case "monthly": weeksPerPayPeriod = 52 / 12; // Approximately 4.3333 payPeriodsPerYear = 12; break; default: weeksPerPayPeriod = 2; // Default to bi-weekly payPeriodsPerYear = 26; } // 1. Gross Pay Calculation var grossPayPerPeriod = hourlyWage * hoursPerWeek * weeksPerPayPeriod; var annualGrossPay = grossPayPerPeriod * payPeriodsPerYear; // 2. Pre-tax Deductions var taxableGrossPerPeriod = grossPayPerPeriod – preTaxDeductions; var annualTaxableGross = taxableGrossPerPeriod * payPeriodsPerYear; // Ensure taxable gross doesn't go negative if (taxableGrossPerPeriod < 0) taxableGrossPerPeriod = 0; if (annualTaxableGross < 0) annualTaxableGross = 0; // 3. FICA Taxes (Social Security & Medicare) var socialSecurityRate = 0.062; var medicareRate = 0.0145; var socialSecurityLimit = 168600; // 2024 limit var socialSecurityTax = 0; // Simplified SS calculation: apply rate up to annual limit, then prorate per period. // A more accurate payroll system tracks year-to-date earnings. var annualSSTaxable = Math.min(annualGrossPay, socialSecurityLimit); socialSecurityTax = (annualSSTaxable * socialSecurityRate) / payPeriodsPerYear; var medicareTax = grossPayPerPeriod * medicareRate; // 4. Federal Income Tax (Simplified 2024 Brackets) var federalStandardDeduction; var federalAllowanceValue = 4700; // 2024 value if (federalFilingStatus === "single") { federalStandardDeduction = 14600; } else { // married federalStandardDeduction = 29200; } var federalTaxableIncomeAnnual = annualTaxableGross – federalStandardDeduction – (federalAllowances * federalAllowanceValue); if (federalTaxableIncomeAnnual < 0) federalTaxableIncomeAnnual = 0; var annualFederalTax = 0; if (federalFilingStatus === "single") { if (federalTaxableIncomeAnnual <= 11600) { annualFederalTax = federalTaxableIncomeAnnual * 0.10; } else if (federalTaxableIncomeAnnual <= 47150) { annualFederalTax = 11600 * 0.10 + (federalTaxableIncomeAnnual – 11600) * 0.12; } else if (federalTaxableIncomeAnnual <= 100525) { annualFederalTax = 11600 * 0.10 + (47150 – 11600) * 0.12 + (federalTaxableIncomeAnnual – 47150) * 0.22; } else if (federalTaxableIncomeAnnual <= 191950) { annualFederalTax = 11600 * 0.10 + (47150 – 11600) * 0.12 + (100525 – 47150) * 0.22 + (federalTaxableIncomeAnnual – 100525) * 0.24; } else if (federalTaxableIncomeAnnual <= 243725) { annualFederalTax = 11600 * 0.10 + (47150 – 11600) * 0.12 + (100525 – 47150) * 0.22 + (191950 – 100525) * 0.24 + (federalTaxableIncomeAnnual – 191950) * 0.32; } else if (federalTaxableIncomeAnnual <= 609350) { annualFederalTax = 11600 * 0.10 + (47150 – 11600) * 0.12 + (100525 – 47150) * 0.22 + (191950 – 100525) * 0.24 + (243725 – 191950) * 0.32 + (federalTaxableIncomeAnnual – 243725) * 0.35; } else { annualFederalTax = 11600 * 0.10 + (47150 – 11600) * 0.12 + (100525 – 47150) * 0.22 + (191950 – 100525) * 0.24 + (243725 – 191950) * 0.32 + (609350 – 243725) * 0.35 + (federalTaxableIncomeAnnual – 609350) * 0.37; } } else { // married if (federalTaxableIncomeAnnual <= 23200) { annualFederalTax = federalTaxableIncomeAnnual * 0.10; } else if (federalTaxableIncomeAnnual <= 94300) { annualFederalTax = 23200 * 0.10 + (federalTaxableIncomeAnnual – 23200) * 0.12; } else if (federalTaxableIncomeAnnual <= 201050) { annualFederalTax = 23200 * 0.10 + (94300 – 23200) * 0.12 + (federalTaxableIncomeAnnual – 94300) * 0.22; } else if (federalTaxableIncomeAnnual <= 383900) { annualFederalTax = 23200 * 0.10 + (94300 – 23200) * 0.12 + (201050 – 94300) * 0.22 + (federalTaxableIncomeAnnual – 201050) * 0.24; } else if (federalTaxableIncomeAnnual <= 487450) { annualFederalTax = 23200 * 0.10 + (94300 – 23200) * 0.12 + (201050 – 94300) * 0.22 + (383900 – 201050) * 0.24 + (federalTaxableIncomeAnnual – 383900) * 0.32; } else if (federalTaxableIncomeAnnual <= 731200) { annualFederalTax = 23200 * 0.10 + (94300 – 23200) * 0.12 + (201050 – 94300) * 0.22 + (383900 – 201050) * 0.24 + (487450 – 383900) * 0.32 + (federalTaxableIncomeAnnual – 487450) * 0.35; } else { annualFederalTax = 23200 * 0.10 + (94300 – 23200) * 0.12 + (201050 – 94300) * 0.22 + (383900 – 201050) * 0.24 + (487450 – 383900) * 0.32 + (731200 – 487450) * 0.35 + (federalTaxableIncomeAnnual – 731200) * 0.37; } } var federalTaxPerPeriod = annualFederalTax / payPeriodsPerYear; if (federalTaxPerPeriod < 0) federalTaxPerPeriod = 0; // Ensure tax isn't negative // 5. Georgia State Income Tax (Simplified 2024) var georgiaTaxRate = 0.0549; // 2024 flat tax rate var georgiaAllowanceValue = 3000; // Per allowance var georgiaStandardDeduction; if (georgiaFilingStatus === "single") { georgiaStandardDeduction = 5400; } else { // married georgiaStandardDeduction = 7400; } var georgiaTaxableIncomeAnnual = annualTaxableGross – georgiaStandardDeduction – (georgiaAllowances * georgiaAllowanceValue); if (georgiaTaxableIncomeAnnual < 0) georgiaTaxableIncomeAnnual = 0; var annualGeorgiaTax = georgiaTaxableIncomeAnnual * georgiaTaxRate; var georgiaTaxPerPeriod = annualGeorgiaTax / payPeriodsPerYear; if (georgiaTaxPerPeriod < 0) georgiaTaxPerPeriod = 0; // Ensure tax isn't negative // 6. Post-tax Deductions // Already have postTaxDeductions per period from input // 7. Net Pay Calculation var netPayPerPeriod = taxableGrossPerPeriod – federalTaxPerPeriod – socialSecurityTax – medicareTax – georgiaTaxPerPeriod – postTaxDeductions; if (netPayPerPeriod < 0) netPayPerPeriod = 0; // Net pay cannot be negative // Display Results var resultDiv = document.getElementById("result"); resultDiv.innerHTML = `

Paycheck Summary (per pay period)

Gross Pay: $${grossPayPerPeriod.toFixed(2)} Pre-tax Deductions: $${preTaxDeductions.toFixed(2)} Federal Income Tax: $${federalTaxPerPeriod.toFixed(2)} Social Security Tax: $${socialSecurityTax.toFixed(2)} Medicare Tax: $${medicareTax.toFixed(2)} Georgia State Tax: $${georgiaTaxPerPeriod.toFixed(2)} Post-tax Deductions: $${postTaxDeductions.toFixed(2)} Net Pay: $${netPayPerPeriod.toFixed(2)} `; } .calculator-container { background-color: #f9f9f9; border: 1px solid #ddd; padding: 20px; border-radius: 8px; max-width: 600px; margin: 20px auto; font-family: Arial, sans-serif; } .calculator-container h2, .calculator-container h3 { color: #333; text-align: center; margin-bottom: 15px; } .calc-input-group { margin-bottom: 15px; display: flex; flex-direction: column; } .calc-input-group label { margin-bottom: 5px; font-weight: bold; color: #555; } .calc-input-group input[type="number"], .calc-input-group select { padding: 10px; border: 1px solid #ccc; border-radius: 4px; font-size: 16px; width: 100%; box-sizing: border-box; /* Include padding and border in the element's total width and height */ } .calculator-container button { background-color: #007bff; color: white; padding: 12px 20px; border: none; border-radius: 4px; cursor: pointer; font-size: 18px; width: 100%; margin-top: 10px; } .calculator-container button:hover { background-color: #0056b3; } .calculator-result { margin-top: 20px; padding: 15px; border: 1px solid #e0e0e0; border-radius: 8px; background-color: #e9f7ef; /* Light green background for results */ color: #333; } .calculator-result h3 { color: #28a745; /* Green for result heading */ margin-top: 0; } .calculator-result p { margin-bottom: 8px; line-height: 1.5; } .calculator-result p strong { color: #0056b3; }

Understanding Your Georgia Hourly Paycheck

Calculating your net pay can be more complex than simply multiplying your hourly wage by the hours you work. Various deductions, both federal and state, significantly impact your take-home pay. This Georgia Hourly Paycheck Calculator helps you estimate your net earnings by factoring in common taxes and deductions specific to Georgia residents.

How Your Hourly Paycheck is Calculated

Your paycheck calculation generally follows these steps:

  1. Gross Pay: This is your total earnings before any deductions. It's calculated by multiplying your hourly wage by the number of hours you work in a pay period.
  2. Pre-tax Deductions: These are deductions taken from your gross pay before taxes are calculated. Common examples include contributions to a 401(k) retirement plan, health insurance premiums, or Flexible Spending Accounts (FSAs). These deductions reduce your taxable income.
  3. Federal Income Tax: The amount withheld for federal income tax depends on your filing status (Single, Married Filing Jointly) and the number of allowances you claim on your W-4 form. The IRS provides tables and formulas for employers to determine the correct withholding amount, which is based on a progressive tax system.
  4. FICA Taxes (Social Security & Medicare): These are mandatory federal taxes that fund Social Security and Medicare programs.
    • Social Security: As of 2024, employees contribute 6.2% of their gross wages up to an annual earnings limit ($168,600 for 2024).
    • Medicare: Employees contribute 1.45% of all gross wages, with no earnings limit.
  5. Georgia State Income Tax: Georgia has a state income tax. For 2024, Georgia is transitioning to a flat tax rate of 5.49%. The amount withheld depends on your Georgia filing status and the number of allowances claimed on your Georgia Form G-4.
  6. Post-tax Deductions: These deductions are taken from your pay after all taxes have been calculated. Examples include Roth 401(k) contributions, union dues, or garnishments.
  7. Net Pay: This is your take-home pay – what's left after all federal, state, and local taxes, and all deductions, have been subtracted from your gross pay.

Federal Withholding (W-4)

Your W-4 form tells your employer how much federal income tax to withhold from your paycheck. The number of allowances you claim directly impacts this amount. Claiming more allowances generally results in less tax withheld per paycheck, but you might owe more at tax time. Claiming fewer allowances means more tax withheld, potentially leading to a refund.

Georgia State Withholding (G-4)

Similar to the federal W-4, the Georgia Form G-4 determines your state income tax withholding. Your filing status and the number of allowances you claim here will affect your Georgia state tax deductions.

Example Calculation for a Georgia Resident

Let's consider a hypothetical example:

  • Hourly Wage: $25.00
  • Hours Worked per Week: 40
  • Pay Frequency: Bi-Weekly (80 hours per pay period)
  • Federal Filing Status: Single
  • Federal Allowances: 2
  • Georgia Filing Status: Single
  • Georgia Allowances: 2
  • Pre-tax Deductions: $100.00 per pay period (e.g., 401k contribution)
  • Post-tax Deductions: $25.00 per pay period (e.g., Roth IRA)

1. Gross Pay: $25.00/hour * 80 hours = $2,000.00

2. Pre-tax Deductions: $100.00

3. Taxable Gross Pay: $2,000.00 – $100.00 = $1,900.00

4. FICA Taxes:

  • Social Security: $2,000.00 * 6.2% = $124.00
  • Medicare: $2,000.00 * 1.45% = $29.00

5. Federal Income Tax: (This is an estimate based on simplified tables and allowances for 2024)

  • Annual Gross: $2,000 * 26 = $52,000
  • Annual Taxable Gross: $1,900 * 26 = $49,400
  • Federal Standard Deduction (Single): $14,600
  • Federal Allowances (2 * $4,700): $9,400
  • Annual Federal Taxable Income: $49,400 – $14,600 – $9,400 = $25,400
  • Applying simplified federal tax brackets (10% on first $11,600, 12% on remainder):
    • $11,600 * 0.10 = $1,160.00
    • ($25,400 – $11,600) * 0.12 = $13,800 * 0.12 = $1,656.00
    • Total Annual Federal Tax: $1,160.00 + $1,656.00 = $2,816.00
  • Federal Tax per Pay Period: $2,816.00 / 26 = $108.31

6. Georgia State Income Tax: (Estimate based on 5.49% flat rate for 2024)

  • Annual Georgia Taxable Gross: $49,400
  • Georgia Standard Deduction (Single): $5,400
  • Georgia Allowances (2 * $3,000): $6,000
  • Annual Georgia Taxable Income: $49,400 – $5,400 – $6,000 = $38,000
  • Annual Georgia Tax: $38,000 * 5.49% = $2,086.20
  • Georgia Tax per Pay Period: $2,086.20 / 26 = $80.24

7. Post-tax Deductions: $25.00

8. Net Pay: $2,000.00 (Gross) – $100.00 (Pre-tax) – $108.31 (Federal) – $124.00 (SS) – $29.00 (Medicare) – $80.24 (GA State) – $25.00 (Post-tax) = $1,533.45

(Note: These are simplified calculations for illustrative purposes. Actual tax withholding can vary based on specific IRS and Georgia Department of Revenue guidelines, which involve more detailed tables and methods. This calculator provides an estimate and should not be used for official tax advice.)

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