Virginia Pay Calculator

Virginia Paycheck Calculator

Weekly Bi-weekly Semi-monthly Monthly
Single Married Filing Jointly
Single Married Filing Jointly

Understanding Your Virginia Paycheck

Navigating your paycheck can sometimes feel like deciphering a complex code. This Virginia Paycheck Calculator is designed to help you understand how your gross annual salary translates into your net take-home pay after federal, state, and FICA taxes, as well as common pre-tax deductions.

How Your Paycheck is Calculated

Your net pay is determined by subtracting various deductions from your gross pay. Here's a breakdown of the key components:

  1. Gross Pay: This is your total earnings before any deductions. Our calculator starts with your Gross Annual Salary and divides it by your chosen pay frequency (e.g., 52 for weekly, 26 for bi-weekly).
  2. Pre-tax Deductions: These are amounts taken out of your 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, which can lower your overall tax liability.
  3. Federal Income Tax: This is tax levied by the U.S. government. The amount withheld depends on your gross income, filing status (Single, Married Filing Jointly), and the number of dependents you claim on your W-4 form (represented as "Federal Dependents" in this calculator). The calculator uses a simplified progressive tax bracket system to estimate this withholding.
  4. FICA Taxes (Social Security & Medicare): These are mandatory federal taxes that fund Social Security and Medicare programs.
    • Social Security: As of 2024, this is 6.2% of your gross pay, up to an annual wage base limit of $168,600.
    • Medicare: As of 2024, this is 1.45% of all your gross pay, with no wage base limit.
  5. Virginia State Income Tax: Virginia has a progressive income tax system. The amount withheld depends on your gross income, Virginia filing status, and the number of exemptions you claim. The calculator applies Virginia's specific tax brackets and exemption values to estimate this tax.
  6. Net Pay: This is your take-home pay after all federal, state, and FICA taxes, as well as any pre-tax deductions, have been subtracted from your gross pay.

Virginia Tax Specifics (2024 Estimates)

  • Standard Deduction: For Virginia, the standard deduction is $8,500 for Single/Married Filing Separately and $17,000 for Married Filing Jointly.
  • Personal Exemption: Each exemption claimed on your Virginia tax form is valued at $930.
  • Virginia Tax Brackets:
    • 2% on income up to $3,000
    • 3% on income over $3,000 up to $5,000
    • 5% on income over $5,000 up to $17,000
    • 5.75% on income over $17,000

How to Use the Calculator

Simply enter your Gross Annual Salary, select your pay frequency, federal and Virginia filing statuses, the number of dependents/exemptions, and any annual pre-tax deductions. Click "Calculate Net Pay" to see a detailed breakdown of your estimated take-home pay per pay period.

Disclaimer

This calculator provides an estimate of your net pay and is for informational purposes only. It uses simplified tax withholding methods and current (2024) tax rates and limits. Your actual paycheck may vary due to additional deductions (e.g., post-tax deductions, local taxes, specific employer benefits), changes in tax laws, or the exact withholding methods used by your employer's payroll system. Consult with a qualified financial advisor or tax professional for personalized advice.

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margin-bottom: 15px; } .article-content li { margin-bottom: 8px; } @media (min-width: 600px) { .calculator-content { grid-template-columns: 1fr 1fr; } button { grid-column: 1 / -1; } } function calculateVirginiaPay() { var grossAnnualSalary = parseFloat(document.getElementById('grossAnnualSalary').value); var payFrequency = parseFloat(document.getElementById('payFrequency').value); var federalFilingStatus = document.getElementById('federalFilingStatus').value; var federalAllowances = parseInt(document.getElementById('federalAllowances').value); var virginiaFilingStatus = document.getElementById('virginiaFilingStatus').value; var virginiaAllowances = parseInt(document.getElementById('virginiaAllowances').value); var preTaxDeductionsAnnual = parseFloat(document.getElementById('preTaxDeductions').value); // Input validation if (isNaN(grossAnnualSalary) || grossAnnualSalary < 0 || isNaN(federalAllowances) || federalAllowances < 0 || isNaN(virginiaAllowances) || virginiaAllowances < 0 || isNaN(preTaxDeductionsAnnual) || preTaxDeductionsAnnual < 0) { document.getElementById('result').innerHTML = 'Please enter valid positive numbers for all fields.'; return; } var grossPayPerPeriod = grossAnnualSalary / payFrequency; var preTaxDeductionsPerPeriod = preTaxDeductionsAnnual / payFrequency; // Taxable Income for Federal and State (after pre-tax deductions) var annualTaxableGross = grossAnnualSalary – preTaxDeductionsAnnual; var taxableGrossPerPeriod = grossPayPerPeriod – preTaxDeductionsPerPeriod; // — FICA Taxes (Social Security & Medicare) — var socialSecurityRate = 0.062; var medicareRate = 0.0145; var socialSecurityWageBase = 168600; // 2024 limit var socialSecurityTaxPerPeriod = 0; if (grossAnnualSalary <= socialSecurityWageBase) { socialSecurityTaxPerPeriod = grossPayPerPeriod * socialSecurityRate; } else if ((grossAnnualSalary – grossPayPerPeriod) socialSecurityWageBase) { socialSecurityTaxPerPeriod = (socialSecurityWageBase / payFrequency) * socialSecurityRate; // Simplified for per period if annual exceeds if (grossAnnualSalary – grossPayPerPeriod >= socialSecurityWageBase) { // If already hit limit in prior periods socialSecurityTaxPerPeriod = 0; } else if (grossAnnualSalary – grossPayPerPeriod = socialSecurityWageBase) { socialSecurityTaxPerPeriod = (socialSecurityWageBase – (grossAnnualSalary – grossPayPerPeriod)) * socialSecurityRate; } } else { socialSecurityTaxPerPeriod = grossPayPerPeriod * socialSecurityRate; } var medicareTaxPerPeriod = grossPayPerPeriod * medicareRate; var totalFicaTaxPerPeriod = socialSecurityTaxPerPeriod + medicareTaxPerPeriod; // — Federal Income Tax (Simplified Withholding Estimate for 2024) — // This is a simplified approximation, not actual IRS Pub 15-T tables. var federalStandardDeduction = 0; var federalAllowanceValue = 4700; // Simplified value for W-4 Step 3 dependents if (federalFilingStatus === 'single') { federalStandardDeduction = 13850; // 2024 } else { // married federalStandardDeduction = 27700; // 2024 } var federalTaxableIncomeAnnual = annualTaxableGross – federalStandardDeduction – (federalAllowances * federalAllowanceValue); if (federalTaxableIncomeAnnual < 0) federalTaxableIncomeAnnual = 0; var federalTaxAnnual = 0; if (federalFilingStatus === 'single') { if (federalTaxableIncomeAnnual <= 11600) { federalTaxAnnual = federalTaxableIncomeAnnual * 0.10; } else if (federalTaxableIncomeAnnual <= 47150) { federalTaxAnnual = 11600 * 0.10 + (federalTaxableIncomeAnnual – 11600) * 0.12; } else if (federalTaxableIncomeAnnual <= 100525) { federalTaxAnnual = 11600 * 0.10 + (47150 – 11600) * 0.12 + (federalTaxableIncomeAnnual – 47150) * 0.22; } else if (federalTaxableIncomeAnnual <= 191950) { federalTaxAnnual = 11600 * 0.10 + (47150 – 11600) * 0.12 + (100525 – 47150) * 0.22 + (federalTaxableIncomeAnnual – 100525) * 0.24; } else if (federalTaxableIncomeAnnual <= 243725) { federalTaxAnnual = 11600 * 0.10 + (47150 – 11600) * 0.12 + (100525 – 47150) * 0.22 + (191950 – 100525) * 0.24 + (federalTaxableIncomeAnnual – 191950) * 0.32; } else if (federalTaxableIncomeAnnual <= 609350) { federalTaxAnnual = 11600 * 0.10 + (47150 – 11600) * 0.12 + (100525 – 47150) * 0.22 + (191950 – 100525) * 0.24 + (243725 – 191950) * 0.32 + (federalTaxableIncomeAnnual – 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 + (federalTaxableIncomeAnnual – 609350) * 0.37; } } else { // Married Filing Jointly if (federalTaxableIncomeAnnual <= 23200) { federalTaxAnnual = federalTaxableIncomeAnnual * 0.10; } else if (federalTaxableIncomeAnnual <= 94300) { federalTaxAnnual = 23200 * 0.10 + (federalTaxableIncomeAnnual – 23200) * 0.12; } else if (federalTaxableIncomeAnnual <= 201050) { federalTaxAnnual = 23200 * 0.10 + (94300 – 23200) * 0.12 + (federalTaxableIncomeAnnual – 94300) * 0.22; } else if (federalTaxableIncomeAnnual <= 383900) { federalTaxAnnual = 23200 * 0.10 + (94300 – 23200) * 0.12 + (201050 – 94300) * 0.22 + (federalTaxableIncomeAnnual – 201050) * 0.24; } else if (federalTaxableIncomeAnnual <= 487450) { federalTaxAnnual = 23200 * 0.10 + (94300 – 23200) * 0.12 + (201050 – 94300) * 0.22 + (383900 – 201050) * 0.24 + (federalTaxableIncomeAnnual – 383900) * 0.32; } else if (federalTaxableIncomeAnnual <= 731200) { federalTaxAnnual = 23200 * 0.10 + (94300 – 23200) * 0.12 + (201050 – 94300) * 0.22 + (383900 – 201050) * 0.24 + (487450 – 383900) * 0.32 + (federalTaxableIncomeAnnual – 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 + (federalTaxableIncomeAnnual – 731200) * 0.37; } } var federalTaxPerPeriod = federalTaxAnnual / payFrequency; // — Virginia State Income Tax (2024) — var virginiaStandardDeduction = 0; var virginiaPersonalExemptionValue = 930; if (virginiaFilingStatus === 'singleVA') { virginiaStandardDeduction = 8500; } else { // marriedVA virginiaStandardDeduction = 17000; } var virginiaTaxableIncomeAnnual = annualTaxableGross – virginiaStandardDeduction – (virginiaAllowances * virginiaPersonalExemptionValue); if (virginiaTaxableIncomeAnnual < 0) virginiaTaxableIncomeAnnual = 0; var virginiaTaxAnnual = 0; if (virginiaTaxableIncomeAnnual <= 3000) { virginiaTaxAnnual = virginiaTaxableIncomeAnnual * 0.02; } else if (virginiaTaxableIncomeAnnual <= 5000) { virginiaTaxAnnual = 3000 * 0.02 + (virginiaTaxableIncomeAnnual – 3000) * 0.03; } else if (virginiaTaxableIncomeAnnual <= 17000) { virginiaTaxAnnual = 3000 * 0.02 + (5000 – 3000) * 0.03 + (virginiaTaxableIncomeAnnual – 5000) * 0.05; } else { virginiaTaxAnnual = 3000 * 0.02 + (5000 – 3000) * 0.03 + (17000 – 5000) * 0.05 + (virginiaTaxableIncomeAnnual – 17000) * 0.0575; } var virginiaTaxPerPeriod = virginiaTaxAnnual / payFrequency; // — Total Deductions — var totalDeductionsPerPeriod = preTaxDeductionsPerPeriod + federalTaxPerPeriod + totalFicaTaxPerPeriod + virginiaTaxPerPeriod; // — Net Pay — var netPayPerPeriod = grossPayPerPeriod – totalDeductionsPerPeriod; // Display Results var resultDiv = document.getElementById('result'); resultDiv.innerHTML = '

Estimated Paycheck Breakdown

' + 'Gross Pay per Period: $' + grossPayPerPeriod.toFixed(2) + " + 'Pre-tax Deductions per Period: $' + preTaxDeductionsPerPeriod.toFixed(2) + " + 'Federal Income Tax per Period: $' + federalTaxPerPeriod.toFixed(2) + " + 'Social Security Tax per Period: $' + socialSecurityTaxPerPeriod.toFixed(2) + " + 'Medicare Tax per Period: $' + medicareTaxPerPeriod.toFixed(2) + " + 'Virginia State Tax per Period: $' + virginiaTaxPerPeriod.toFixed(2) + " + 'Total Deductions per Period: $' + totalDeductionsPerPeriod.toFixed(2) + " + 'Net Pay per Period: $' + netPayPerPeriod.toFixed(2) + ''; }

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