Navigating your paycheck in New York City can be complex due to multiple layers of taxation. This NYC Take-Home Pay Calculator helps you estimate your net earnings after accounting for federal, state, and city income taxes, as well as FICA (Social Security and Medicare) and other deductions.
Key Components of Your Paycheck:
Gross Annual Salary: This is your total earnings before any taxes or deductions are taken out. It's the starting point for all calculations.
Pay Frequency: How often you receive a paycheck (e.g., weekly, bi-weekly, monthly). This determines how your annual pay and deductions are distributed throughout the year.
Federal Income Tax: This is a progressive tax levied by the U.S. government. The amount you pay depends on your gross income, filing status (Single, Married Filing Jointly, Head of Household), and any pre-tax deductions. The calculator uses standard deductions and current tax brackets for estimation.
New York State Income Tax: New York State also imposes a progressive income tax. Similar to federal tax, your filing status and income level determine your tax liability.
New York City Income Tax: Unique to residents of NYC, this is an additional income tax levied by the city. It's also progressive and depends on your income and filing status.
FICA Taxes (Social Security & Medicare): These are mandatory federal taxes that fund Social Security and Medicare programs.
Social Security: 6.2% of your gross wages, up to an annual earnings limit (e.g., $168,600 for 2024).
Medicare: 1.45% of all your gross wages, with no income limit.
Pre-Tax Deductions: These are deductions taken from your gross pay before taxes are calculated. Common examples include contributions to a 401(k) or 403(b) retirement plan, health insurance premiums, and Flexible Spending Accounts (FSAs). These deductions reduce your taxable income, lowering your overall tax burden.
Post-Tax Deductions: These deductions are taken from your pay after taxes have been calculated. Examples include Roth 401(k) contributions, union dues, or certain charitable contributions. They do not reduce your taxable income.
How the Calculator Works:
The calculator takes your gross annual salary and applies the relevant tax rates and deductions based on your inputs. It first subtracts pre-tax deductions to determine your taxable income. Then, it calculates federal, state, and city income taxes using the latest available tax brackets and standard deductions (for 2024). FICA taxes are applied to your gross income (up to the Social Security limit). Finally, post-tax deductions are subtracted to arrive at your estimated net take-home pay.
Important Considerations:
This calculator provides an estimate and should not be considered financial or tax advice. Actual take-home pay can vary based on several factors not included in this simplified model, such as:
Specific tax credits (e.g., child tax credit, education credits).
Itemized deductions instead of standard deductions.
Additional Medicare Tax for high earners.
Other local taxes or specific employer-sponsored benefits.
Changes in tax laws or personal circumstances throughout the year.
For precise figures, always consult with a qualified tax professional or refer to your official pay stubs.
function calculateTakeHomePay() {
var grossAnnualSalary = parseFloat(document.getElementById("grossAnnualSalary").value);
var payFrequency = document.getElementById("payFrequency").value;
var federalFilingStatus = document.getElementById("federalFilingStatus").value;
var nyStateFilingStatus = document.getElementById("nyStateFilingStatus").value;
var nycCityFilingStatus = document.getElementById("nycCityFilingStatus").value;
var preTaxDeductions = parseFloat(document.getElementById("preTaxDeductions").value);
var postTaxDeductions = parseFloat(document.getElementById("postTaxDeductions").value);
// Input validation
if (isNaN(grossAnnualSalary) || grossAnnualSalary < 0) {
alert("Please enter a valid Gross Annual Salary.");
return;
}
if (isNaN(preTaxDeductions) || preTaxDeductions < 0) {
preTaxDeductions = 0;
}
if (isNaN(postTaxDeductions) || postTaxDeductions < 0) {
postTaxDeductions = 0;
}
// — Tax Brackets and Standard Deductions (2024 Data) —
// Federal Standard Deductions
var federalStandardDeductions = {
"Single": 14600,
"Married Filing Jointly": 29200,
"Head of Household": 21900
};
// Federal Tax Brackets
var federalTaxBrackets = {
"Single": [
{ rate: 0.10, min: 0, max: 11600 },
{ rate: 0.12, min: 11601, max: 47150 },
{ rate: 0.22, min: 47151, max: 100525 },
{ rate: 0.24, min: 100526, max: 191950 },
{ rate: 0.32, min: 191951, max: 243725 },
{ rate: 0.35, min: 243726, max: 609350 },
{ rate: 0.37, min: 609351, max: Infinity }
],
"Married Filing Jointly": [
{ rate: 0.10, min: 0, max: 23200 },
{ rate: 0.12, min: 23201, max: 94300 },
{ rate: 0.22, min: 94301, max: 201050 },
{ rate: 0.24, min: 201051, max: 383900 },
{ rate: 0.32, min: 383901, max: 487450 },
{ rate: 0.35, min: 487451, max: 731200 },
{ rate: 0.37, min: 731201, max: Infinity }
],
"Head of Household": [
{ rate: 0.10, min: 0, max: 16550 },
{ rate: 0.12, min: 16551, max: 63100 },
{ rate: 0.22, min: 63101, max: 100500 },
{ rate: 0.24, min: 100501, max: 191950 },
{ rate: 0.32, min: 191951, max: 243700 },
{ rate: 0.35, min: 243701, max: 609350 },
{ rate: 0.37, min: 609351, max: Infinity }
]
};
// NY State Standard Deductions
var nyStateStandardDeductions = {
"Single": 8500,
"Married Filing Jointly": 17000,
"Head of Household": 8500 // Simplified, can be higher for some HoH
};
// NY State Tax Brackets
var nyStateTaxBrackets = {
"Single": [
{ rate: 0.0400, min: 0, max: 13900 },
{ rate: 0.0450, min: 13901, max: 27800 },
{ rate: 0.0525, min: 27801, max: 139700 },
{ rate: 0.0585, min: 139701, max: 300000 },
{ rate: 0.0625, min: 300001, max: 500000 },
{ rate: 0.0685, min: 500001, max: 1000000 },
{ rate: 0.0965, min: 1000001, max: 5000000 },
{ rate: 0.1030, min: 5000001, max: 25000000 },
{ rate: 0.1090, min: 25000001, max: Infinity }
],
"Married Filing Jointly": [
{ rate: 0.0400, min: 0, max: 27800 },
{ rate: 0.0450, min: 27801, max: 41700 },
{ rate: 0.0525, min: 41701, max: 279000 },
{ rate: 0.0585, min: 279001, max: 400000 },
{ rate: 0.0625, min: 400001, max: 600000 },
{ rate: 0.0685, min: 600001, max: 2000000 },
{ rate: 0.0965, min: 2000001, max: 10000000 },
{ rate: 0.1030, min: 10000001, max: 50000000 },
{ rate: 0.1090, min: 50000001, max: Infinity }
],
"Head of Household": [ // Using Single brackets for HoH for simplicity, often similar or slightly different
{ rate: 0.0400, min: 0, max: 13900 },
{ rate: 0.0450, min: 13901, max: 27800 },
{ rate: 0.0525, min: 27801, max: 139700 },
{ rate: 0.0585, min: 139701, max: 300000 },
{ rate: 0.0625, min: 300001, max: 500000 },
{ rate: 0.0685, min: 500001, max: 1000000 },
{ rate: 0.0965, min: 1000001, max: 5000000 },
{ rate: 0.1030, min: 5000001, max: 25000000 },
{ rate: 0.1090, min: 25000001, max: Infinity }
]
};
// NYC City Tax Brackets
var nycCityTaxBrackets = {
"Single": [
{ rate: 0.03876, min: 0, max: 12000 },
{ rate: 0.04171, min: 12001, max: 25000 },
{ rate: 0.04227, min: 25001, max: 40000 },
{ rate: 0.04270, min: 40001, max: 60000 },
{ rate: 0.04307, min: 60001, max: 90000 },
{ rate: 0.04359, min: 90001, max: Infinity }
],
"Married Filing Jointly": [
{ rate: 0.03876, min: 0, max: 21600 },
{ rate: 0.04171, min: 21601, max: 45000 },
{ rate: 0.04227, min: 45001, max: 72000 },
{ rate: 0.04270, min: 72001, max: 108000 },
{ rate: 0.04307, min: 108001, max: 162000 },
{ rate: 0.04359, min: 162001, max: Infinity }
],
"Head of Household": [ // Using Single brackets for HoH for simplicity
{ rate: 0.03876, min: 0, max: 12000 },
{ rate: 0.04171, min: 12001, max: 25000 },
{ rate: 0.04227, min: 25001, max: 40000 },
{ rate: 0.04270, min: 40001, max: 60000 },
{ rate: 0.04307, min: 60001, max: 90000 },
{ rate: 0.04359, min: 90001, max: Infinity }
]
};
// — Helper function to calculate tax based on brackets —
function calculateTax(taxableIncome, brackets) {
var totalTax = 0;
if (taxableIncome <= 0) {
return 0;
}
for (var i = 0; i bracket.min) {
var incomeInBracket = Math.min(taxableIncome, bracket.max) – bracket.min;
totalTax += incomeInBracket * bracket.rate;
}
}
return totalTax;
}
// — Calculations —
// 1. Pre-tax deductions
var annualTaxableIncome = grossAnnualSalary – preTaxDeductions;
if (annualTaxableIncome < 0) annualTaxableIncome = 0; // Taxable income cannot be negative
// 2. Federal Tax
var federalStandardDeduction = federalStandardDeductions[federalFilingStatus] || federalStandardDeductions["Single"];
var federalTaxableIncome = annualTaxableIncome – federalStandardDeduction;
if (federalTaxableIncome < 0) federalTaxableIncome = 0;
var annualFederalTax = calculateTax(federalTaxableIncome, federalTaxBrackets[federalFilingStatus] || federalTaxBrackets["Single"]);
// 3. NY State Tax
var nyStateStandardDeduction = nyStateStandardDeductions[nyStateFilingStatus] || nyStateStandardDeductions["Single"];
var nyStateTaxableIncome = annualTaxableIncome – nyStateStandardDeduction;
if (nyStateTaxableIncome < 0) nyStateTaxableIncome = 0;
var annualNYStateTax = calculateTax(nyStateTaxableIncome, nyStateTaxBrackets[nyStateFilingStatus] || nyStateTaxBrackets["Single"]);
// 4. NYC City Tax
// NYC City tax does not have a standard deduction built into the calculation method, it's applied directly to NY adjusted gross income.
// For simplicity, we'll apply it to the same annualTaxableIncome as NY State, which is a common approach for calculators.
var annualNYCCityTax = calculateTax(annualTaxableIncome, nycCityTaxBrackets[nycCityFilingStatus] || nycCityTaxBrackets["Single"]);
// 5. FICA Tax (Social Security & Medicare)
var socialSecurityLimit = 168600; // 2024 limit
var socialSecurityRate = 0.062;
var medicareRate = 0.0145;
var annualSocialSecurityTax = Math.min(grossAnnualSalary, socialSecurityLimit) * socialSecurityRate;
var annualMedicareTax = grossAnnualSalary * medicareRate;
var annualFICATax = annualSocialSecurityTax + annualMedicareTax;
// 6. Total Deductions
var totalAnnualTaxes = annualFederalTax + annualNYStateTax + annualNYCCityTax + annualFICATax;
var totalAnnualDeductions = preTaxDeductions + totalAnnualTaxes + postTaxDeductions;
// 7. Net Pay
var annualNetPay = grossAnnualSalary – totalAnnualDeductions;
// — Pay Period Conversion —
var payPeriodsPerYear;
var payPeriodLabelText;
switch (payFrequency) {
case "Annually":
payPeriodsPerYear = 1;
payPeriodLabelText = "Annual";
break;
case "Monthly":
payPeriodsPerYear = 12;
payPeriodLabelText = "Monthly";
break;
case "Semi-monthly":
payPeriodsPerYear = 24;
payPeriodLabelText = "Semi-monthly";
break;
case "Bi-weekly":
payPeriodsPerYear = 26;
payPeriodLabelText = "Bi-weekly";
break;
case "Weekly":
payPeriodsPerYear = 52;
payPeriodLabelText = "Weekly";
break;
default:
payPeriodsPerYear = 1; // Default to annual
payPeriodLabelText = "Annual";
}
var payPeriodNetPay = annualNetPay / payPeriodsPerYear;
// — Display Results —
document.getElementById("annualGrossPayResult").innerText = "$" + grossAnnualSalary.toFixed(2).replace(/\B(?=(\d{3})+(?!\d))/g, ",");
document.getElementById("annualPreTaxDeductionsResult").innerText = "$" + preTaxDeductions.toFixed(2).replace(/\B(?=(\d{3})+(?!\d))/g, ",");
document.getElementById("federalTaxResult").innerText = "$" + annualFederalTax.toFixed(2).replace(/\B(?=(\d{3})+(?!\d))/g, ",");
document.getElementById("nyStateTaxResult").innerText = "$" + annualNYStateTax.toFixed(2).replace(/\B(?=(\d{3})+(?!\d))/g, ",");
document.getElementById("nycCityTaxResult").innerText = "$" + annualNYCCityTax.toFixed(2).replace(/\B(?=(\d{3})+(?!\d))/g, ",");
document.getElementById("ficaTaxResult").innerText = "$" + annualFICATax.toFixed(2).replace(/\B(?=(\d{3})+(?!\d))/g, ",");
document.getElementById("annualPostTaxDeductionsResult").innerText = "$" + postTaxDeductions.toFixed(2).replace(/\B(?=(\d{3})+(?!\d))/g, ",");
document.getElementById("annualNetPayResult").innerText = "$" + annualNetPay.toFixed(2).replace(/\B(?=(\d{3})+(?!\d))/g, ",");
document.getElementById("payPeriodLabel").innerText = payPeriodLabelText;
document.getElementById("payPeriodNetPayResult").innerText = "$" + payPeriodNetPay.toFixed(2).replace(/\B(?=(\d{3})+(?!\d))/g, ",");
}
// Calculate on page load with default values
window.onload = calculateTakeHomePay;