Estimate your take-home pay in NYC, considering federal, state, and local taxes, plus common deductions.
Weekly
Bi-Weekly
Semi-Monthly
Monthly
Single
Married Filing Jointly
Single
Married Filing Jointly
Your Estimated Paycheck Details
Gross Pay per Period:
$0.00
Pre-Tax Deductions per Period:
$0.00
Federal Income Tax:
$0.00
NY State Income Tax:
$0.00
NYC Local Income Tax:
$0.00
Social Security Tax:
$0.00
Medicare Tax:
$0.00
Post-Tax Deductions per Period:
$0.00
Estimated Net Pay per Period:
$0.00
function calculatePaycheckNYC() {
var annualGrossSalary = parseFloat(document.getElementById('annualGrossSalary').value);
var payFrequency = parseInt(document.getElementById('payFrequency').value);
var federalFilingStatus = document.getElementById('federalFilingStatus').value;
var stateFilingStatus = document.getElementById('stateFilingStatus').value;
var annualPreTaxDeductions = parseFloat(document.getElementById('annualPreTaxDeductions').value);
var annualPostTaxDeductions = parseFloat(document.getElementById('annualPostTaxDeductions').value);
if (isNaN(annualGrossSalary) || annualGrossSalary < 0) {
alert('Please enter a valid Annual Gross Salary.');
return;
}
if (isNaN(annualPreTaxDeductions) || annualPreTaxDeductions < 0) {
annualPreTaxDeductions = 0;
}
if (isNaN(annualPostTaxDeductions) || annualPostTaxDeductions additionalMedicareThresholdSingle) {
annualMedicareTax += (annualGrossSalary – additionalMedicareThresholdSingle) * additionalMedicareRate;
} else if (federalFilingStatus === 'married' && annualGrossSalary > additionalMedicareThresholdMarried) {
annualMedicareTax += (annualGrossSalary – additionalMedicareThresholdMarried) * additionalMedicareRate;
}
var socialSecurityPerPeriod = annualSocialSecurityTax / payFrequency;
var medicarePerPeriod = annualMedicareTax / payFrequency;
// — Federal Income Tax (Simplified 2024 Brackets – does not account for standard deductions/credits) —
function calculateFederalTax(income, status) {
var tax = 0;
var brackets;
if (status === 'single') {
brackets = [
{ limit: 11600, rate: 0.10 },
{ limit: 47150, rate: 0.12 },
{ limit: 100525, rate: 0.22 },
{ limit: 191950, rate: 0.24 },
{ limit: 243725, rate: 0.32 },
{ limit: 609350, rate: 0.35 },
{ limit: Infinity, rate: 0.37 }
];
} else { // married
brackets = [
{ limit: 23200, rate: 0.10 },
{ limit: 94300, rate: 0.12 },
{ limit: 201050, rate: 0.22 },
{ limit: 383900, rate: 0.24 },
{ limit: 487450, rate: 0.32 },
{ limit: 731200, rate: 0.35 },
{ limit: Infinity, rate: 0.37 }
];
}
var prevLimit = 0;
for (var i = 0; i prevLimit) {
var taxableInBracket = Math.min(income, bracket.limit) – prevLimit;
tax += taxableInBracket * bracket.rate;
}
prevLimit = bracket.limit;
if (income <= bracket.limit) break;
}
return tax;
}
var annualFederalTax = calculateFederalTax(annualTaxableIncomeFederal, federalFilingStatus);
var federalTaxPerPeriod = annualFederalTax / payFrequency;
// — NY State Income Tax (Simplified 2024 Brackets – does not account for standard deductions/credits) —
function calculateNYStateTax(income, status) {
var tax = 0;
var brackets;
if (status === 'single') {
brackets = [
{ limit: 8500, rate: 0.0400, base: 0 },
{ limit: 11900, rate: 0.0450, base: 340 },
{ limit: 13900, rate: 0.0525, base: 493 },
{ limit: 21300, rate: 0.0590, base: 598 },
{ limit: 80650, rate: 0.0685, base: 1038 },
{ limit: 215400, rate: 0.0965, base: 5190 },
{ limit: 1077550, rate: 0.1030, base: 18390 },
{ limit: 5000000, rate: 0.1090, base: 108040 },
{ limit: 25000000, rate: 0.1090, base: 512040 },
{ limit: Infinity, rate: 0.1090, base: 2709040 }
];
} else { // married
brackets = [
{ limit: 17000, rate: 0.0400, base: 0 },
{ limit: 23900, rate: 0.0450, base: 680 },
{ limit: 27900, rate: 0.0525, base: 981.50 },
{ limit: 42700, rate: 0.0590, base: 1191.50 },
{ limit: 161550, rate: 0.0685, base: 2064.70 },
{ limit: 323200, rate: 0.0965, base: 10380.50 },
{ limit: 2155350, rate: 0.1030, base: 25960.50 },
{ limit: 5000000, rate: 0.1090, base: 210000.50 },
{ limit: 25000000, rate: 0.1090, base: 520000.50 },
{ limit: Infinity, rate: 0.1090, base: 2710000.50 }
];
}
var prevLimit = 0;
for (var i = 0; i < brackets.length; i++) {
var bracket = brackets[i];
if (income <= bracket.limit) {
tax = bracket.base + (income – prevLimit) * bracket.rate;
break;
}
prevLimit = bracket.limit;
if (i === brackets.length – 1) { // Last bracket
tax = bracket.base + (income – prevLimit) * bracket.rate;
}
}
return tax;
}
var annualStateTax = calculateNYStateTax(annualTaxableIncomeState, stateFilingStatus);
var stateTaxPerPeriod = annualStateTax / payFrequency;
// — NYC Local Income Tax (Simplified 2024 Brackets – does not account for deductions/credits) —
function calculateNYCCityTax(income) {
var tax = 0;
var brackets = [
{ limit: 12000, rate: 0.03078, base: 0 },
{ limit: 24000, rate: 0.03762, base: 369.36 },
{ limit: 48000, rate: 0.03819, base: 820.80 },
{ limit: 68000, rate: 0.03876, base: 1738.32 },
{ limit: 90000, rate: 0.03923, base: 2513.52 },
{ limit: 100000, rate: 0.03980, base: 3377.68 },
{ limit: Infinity, rate: 0.04000, base: 3775.68 }
];
var prevLimit = 0;
for (var i = 0; i < brackets.length; i++) {
var bracket = brackets[i];
if (income <= bracket.limit) {
tax = bracket.base + (income – prevLimit) * bracket.rate;
break;
}
prevLimit = bracket.limit;
if (i === brackets.length – 1) { // Last bracket
tax = bracket.base + (income – prevLimit) * bracket.rate;
}
}
return tax;
}
var annualCityTax = calculateNYCCityTax(annualTaxableIncomeCity);
var cityTaxPerPeriod = annualCityTax / payFrequency;
// — Net Pay Calculation —
var totalDeductionsPerPeriod = preTaxDeductionsPerPeriod + federalTaxPerPeriod + stateTaxPerPeriod + cityTaxPerPeriod + socialSecurityPerPeriod + medicarePerPeriod + postTaxDeductionsPerPeriod;
var netPayPerPeriod = grossPayPerPeriod – totalDeductionsPerPeriod;
// Display Results
document.getElementById('resultGrossPayPerPeriod').innerText = '$' + grossPayPerPeriod.toFixed(2);
document.getElementById('resultPreTaxDeductions').innerText = '$' + preTaxDeductionsPerPeriod.toFixed(2);
document.getElementById('resultFederalTax').innerText = '$' + federalTaxPerPeriod.toFixed(2);
document.getElementById('resultStateTax').innerText = '$' + stateTaxPerPeriod.toFixed(2);
document.getElementById('resultCityTax').innerText = '$' + cityTaxPerPeriod.toFixed(2);
document.getElementById('resultSocialSecurity').innerText = '$' + socialSecurityPerPeriod.toFixed(2);
document.getElementById('resultMedicare').innerText = '$' + medicarePerPeriod.toFixed(2);
document.getElementById('resultPostTaxDeductions').innerText = '$' + postTaxDeductionsPerPeriod.toFixed(2);
document.getElementById('resultNetPay').innerText = '$' + netPayPerPeriod.toFixed(2);
}
// Run on page load with default values
window.onload = calculatePaycheckNYC;
Understanding Your New York City Paycheck
Navigating your paycheck can be complex, especially in a high-tax state and city like New York. This New York City Paycheck Calculator helps you estimate your take-home pay by breaking down the various deductions from your gross salary. Understanding these components is crucial for financial planning.
How Your Paycheck is Calculated
Your net pay (what you actually take home) is determined by subtracting various taxes and deductions from your gross pay. Here's a breakdown of the typical deductions you'll see:
1. Federal Income Tax
This is a progressive tax levied by the U.S. government. The amount withheld depends on your annual income, filing status (e.g., Single, Married Filing Jointly), and any additional withholding you've elected on your W-4 form. Our calculator uses simplified 2024 federal tax brackets to estimate this amount. It's important to note that actual withholding can be influenced by standard deductions, itemized deductions, and various tax credits, which are not factored into this simplified estimate.
2. FICA Taxes (Social Security & Medicare)
Social Security: This tax funds retirement, disability, and survivor benefits. For 2024, the rate is 6.2% on earnings up to an annual wage base limit of $168,600.
Medicare: This tax funds hospital insurance for the elderly and disabled. The rate is 1.45% on all earnings. Additionally, high-income earners may pay an extra 0.9% Medicare tax on earnings above certain thresholds ($200,000 for single filers, $250,000 for married filing jointly).
These taxes are mandatory and are typically split between the employee and employer, with the employee paying the percentages listed above directly from their gross pay.
3. New York State Income Tax
New York State also imposes a progressive income tax. The rates and brackets vary based on your income and filing status. Like federal taxes, our calculator uses simplified 2024 NY State tax brackets for estimation. Actual state withholding can also be affected by state-specific deductions and credits.
4. New York City Local Income Tax
As a resident of New York City, you are subject to an additional local income tax. This is also a progressive tax with its own set of brackets and rates. Our calculator provides an estimate based on simplified 2024 NYC resident tax brackets. This is a significant deduction unique to living and working in NYC.
5. Pre-Tax Deductions
These are deductions taken from your gross pay BEFORE taxes are calculated, which reduces your taxable income. Common examples include:
401(k) or 403(b) contributions: Retirement savings plans.
Health, dental, and vision insurance premiums: Employer-sponsored health benefits.
Flexible Spending Accounts (FSAs) or Health Savings Accounts (HSAs): Accounts for healthcare expenses.
Commuter benefits: Pre-tax deductions for public transit or parking.
By reducing your taxable income, pre-tax deductions can lower your overall tax liability.
6. Post-Tax Deductions
These deductions are taken AFTER taxes have been calculated and withheld from your gross pay. They do not reduce your taxable income. Examples include:
Roth 401(k) contributions: Retirement savings where contributions are taxed now, but withdrawals in retirement are tax-free.
Union dues: Fees paid to a labor union.
Garnishments: Court-ordered deductions for debts.
Charitable contributions: If deducted directly from your paycheck.
Example Calculation
Let's consider an individual in New York City with an Annual Gross Salary of $75,000, paid Bi-Weekly, filing as Single for both federal and state taxes. They contribute $5,000 annually to a 401(k) (pre-tax) and have no post-tax deductions.
Annual Gross Salary: $75,000
Pay Frequency: Bi-Weekly (26 pay periods)
Gross Pay per Period: $75,000 / 26 = $2,884.62
Annual Pre-Tax Deductions: $5,000
Pre-Tax Deductions per Period: $5,000 / 26 = $192.31
Based on these inputs, the calculator would then apply the respective tax brackets and FICA rates to the taxable income to determine the estimated federal, state, city, Social Security, and Medicare taxes per pay period. Finally, all deductions would be subtracted from the gross pay per period to arrive at the estimated net pay per period.
Using the calculator above with these example values will show you the detailed breakdown.
Important Considerations
This calculator provides an estimate. Actual paycheck amounts can vary due to several factors not included in this simplified model, such as:
Specific tax credits (e.g., child tax credit, education credits).
Itemized deductions vs. standard deductions.
Additional state or local taxes (e.g., disability insurance, family leave).
Employer-specific benefits or deductions.
Changes in tax laws or rates throughout the year.
For precise figures, always refer to your official pay stubs or consult with a tax professional.