Wv Paycheck Calculator

West Virginia Paycheck Calculator

Use this calculator to estimate your net pay per pay period in West Virginia, factoring in federal, FICA, and WV state taxes, as well as common deductions.

Bi-weekly (26x per year) Weekly (52x per year) Semi-monthly (24x per year) Monthly (12x per year)

Federal Withholding

Single Married Filing Jointly
Enter the total dollar amount from Step 3 of your W-4 (e.g., for dependents or other credits). For simplicity, if you have 2 dependents and no other credits, you might enter $4,000 ($2,000 per dependent).

West Virginia State Withholding

Single Married Filing Jointly
Each WV allowance reduces your taxable income by $2,000 annually.

Deductions

e.g., 401(k) contributions, health insurance premiums.
e.g., Roth 401(k) contributions, union dues, garnishments.

Understanding Your West Virginia Paycheck

Navigating your paycheck can be complex, especially with various federal, state, and local taxes, alongside different types of deductions. This West Virginia Paycheck Calculator helps you estimate your take-home pay by breaking down these components.

Gross Pay vs. Net Pay

Your gross pay is the total amount of money you earn before any deductions or taxes are taken out. This is typically your hourly wage multiplied by hours worked, or your annual salary divided by your pay periods. Net pay, often referred to as "take-home pay," is the amount you receive after all deductions and taxes have been subtracted from your gross pay.

Federal Income Tax

Federal income tax is a progressive tax, meaning higher earners pay a larger percentage of their income in taxes. The amount withheld from your paycheck depends on your gross income, your filing status (Single, Married Filing Jointly, etc.), and the information you provide on your W-4 form, including any allowances or additional withholding amounts. Our calculator uses a simplified approach based on current tax brackets and a common allowance value to estimate this.

FICA Taxes (Social Security & Medicare)

FICA stands for the Federal Insurance Contributions Act, which funds Social Security and Medicare. These are mandatory federal taxes:

  • Social Security: As of 2024, this is 6.2% of your gross wages, up to an annual wage base limit of $168,600.
  • Medicare: As of 2024, this is 1.45% of all your gross wages, with no wage base limit.

Your employer also pays an equal amount for both Social Security and Medicare on your behalf.

West Virginia State Income Tax

West Virginia has a progressive state income tax system. The amount of state income tax withheld depends on your taxable income, your filing status (Single, Married Filing Jointly), and the number of allowances you claim on your WV/IT-104 form. For 2024, West Virginia has implemented significant tax cuts, including a 0% bracket for the first portion of income. Each WV allowance reduces your annual taxable income by $2,000.

Deductions

Deductions can significantly impact your net pay. They are generally categorized as:

  • Pre-tax Deductions: These are taken out of your gross pay before taxes are calculated, thereby reducing your taxable income. Common examples include contributions to a 401(k) or traditional IRA, and health insurance premiums.
  • Post-tax Deductions: These are taken out after all taxes have been calculated. Examples include Roth 401(k) contributions, union dues, charitable contributions, or wage garnishments.

How the Calculator Works

The calculator takes your gross pay and pay frequency to determine your annual income. It then applies pre-tax deductions to arrive at your taxable income for federal and state purposes. FICA taxes are calculated on your gross pay (up to the Social Security limit). Federal and West Virginia state income taxes are estimated based on current tax brackets, your filing status, and claimed allowances. Finally, post-tax deductions are subtracted to give you your estimated net pay.

Please note that this calculator provides an estimate. Actual withholding may vary based on specific circumstances, additional deductions, or changes in tax laws. It's always a good idea to consult with a financial advisor or refer to official IRS and West Virginia tax resources for precise information.

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padding-top: 20px; border-top: 1px solid #e0e0e0; color: #444; line-height: 1.7; } .wv-paycheck-calculator .calculator-article h4 { color: #34495e; margin-top: 20px; margin-bottom: 10px; font-size: 1.2em; } .wv-paycheck-calculator .calculator-article ul { list-style-type: disc; margin-left: 20px; padding-left: 0; } .wv-paycheck-calculator .calculator-article li { margin-bottom: 5px; } function calculateWVPaycheck() { // Input values var grossPay = parseFloat(document.getElementById('grossPay').value); var payFrequency = document.getElementById('payFrequency').value; var federalFilingStatus = document.getElementById('federalFilingStatus').value; var federalAllowances = parseFloat(document.getElementById('federalAllowances').value); // This is now the dollar amount from W4 Step 3 var wvFilingStatus = document.getElementById('wvFilingStatus').value; var wvAllowances = parseFloat(document.getElementById('wvAllowances').value); var preTaxDeductions = parseFloat(document.getElementById('preTaxDeductions').value); var postTaxDeductions = parseFloat(document.getElementById('postTaxDeductions').value); // Validate inputs if (isNaN(grossPay) || grossPay < 0) { alert('Please enter a valid Gross Pay per Pay Period.'); return; } if (isNaN(federalAllowances) || federalAllowances < 0) { federalAllowances = 0; // Default to 0 if invalid } if (isNaN(wvAllowances) || wvAllowances < 0) { wvAllowances = 0; // Default to 0 if invalid } if (isNaN(preTaxDeductions) || preTaxDeductions < 0) { preTaxDeductions = 0; // Default to 0 if invalid } if (isNaN(postTaxDeductions) || postTaxDeductions < 0) { postTaxDeductions = 0; // Default to 0 if invalid } // Pay Periods Per Year var payPeriodsPerYear; switch (payFrequency) { case 'weekly': payPeriodsPerYear = 52; break; case 'bi-weekly': payPeriodsPerYear = 26; break; case 'semi-monthly': payPeriodsPerYear = 24; break; case 'monthly': payPeriodsPerYear = 12; break; default: payPeriodsPerYear = 26; // Default to bi-weekly } // Annual Calculations var annualGrossPay = grossPay * payPeriodsPerYear; var annualPreTaxDeductions = preTaxDeductions * payPeriodsPerYear; // Taxable Gross (Federal & State) var annualTaxableGross = annualGrossPay – annualPreTaxDeductions; if (annualTaxableGross < 0) annualTaxableGross = 0; // — FICA Taxes (2024) — var socialSecurityRate = 0.062; var socialSecurityLimit = 168600; // 2024 limit var medicareRate = 0.0145; var annualSocialSecurityTax = Math.min(annualGrossPay, socialSecurityLimit) * socialSecurityRate; var annualMedicareTax = annualGrossPay * medicareRate; var socialSecurityTaxPerPeriod = annualSocialSecurityTax / payPeriodsPerYear; var medicareTaxPerPeriod = annualMedicareTax / payPeriodsPerYear; // — Federal Income Tax (2024 Simplified Withholding) — // This is a simplified approximation of federal withholding. // It uses standard deductions and tax brackets. var federalStandardDeduction; if (federalFilingStatus === 'single') { federalStandardDeduction = 13850; // 2024 Single Standard Deduction } else { // married federalStandardDeduction = 27700; // 2024 Married Filing Jointly Standard Deduction } // Adjust annual taxable gross for federal allowances (W4 Step 3) var federalAdjustedTaxableIncome = annualTaxableGross – federalAllowances; if (federalAdjustedTaxableIncome < 0) federalAdjustedTaxableIncome = 0; var annualFederalTax = 0; if (federalFilingStatus === 'single') { // 2024 Federal Tax Brackets (Single) if (federalAdjustedTaxableIncome <= 11600) { annualFederalTax = federalAdjustedTaxableIncome * 0.10; } else if (federalAdjustedTaxableIncome <= 47150) { annualFederalTax = 1160 + (federalAdjustedTaxableIncome – 11600) * 0.12; } else if (federalAdjustedTaxableIncome <= 100525) { annualFederalTax = 5426 + (federalAdjustedTaxableIncome – 47150) * 0.22; } else if (federalAdjustedTaxableIncome <= 191950) { annualFederalTax = 17167.50 + (federalAdjustedTaxableIncome – 100525) * 0.24; } else if (federalAdjustedTaxableIncome <= 243725) { annualFederalTax = 39115.50 + (federalAdjustedTaxableIncome – 191950) * 0.32; } else if (federalAdjustedTaxableIncome <= 609350) { annualFederalTax = 55678.50 + (federalAdjustedTaxableIncome – 243725) * 0.35; } else { annualFederalTax = 183647.25 + (federalAdjustedTaxableIncome – 609350) * 0.37; } } else { // married // 2024 Federal Tax Brackets (Married Filing Jointly) if (federalAdjustedTaxableIncome <= 23200) { annualFederalTax = federalAdjustedTaxableIncome * 0.10; } else if (federalAdjustedTaxableIncome <= 94300) { annualFederalTax = 2320 + (federalAdjustedTaxableIncome – 23200) * 0.12; } else if (federalAdjustedTaxableIncome <= 201050) { annualFederalTax = 10852 + (federalAdjustedTaxableIncome – 94300) * 0.22; } else if (federalAdjustedTaxableIncome <= 383900) { annualFederalTax = 34335 + (federalAdjustedTaxableIncome – 201050) * 0.24; } else if (federalAdjustedTaxableIncome <= 487450) { annualFederalTax = 78231 + (federalAdjustedTaxableIncome – 383900) * 0.32; } else if (federalAdjustedTaxableIncome <= 731200) { annualFederalTax = 111359 + (federalAdjustedTaxableIncome – 487450) * 0.35; } else { annualFederalTax = 196606.50 + (federalAdjustedTaxableIncome – 731200) * 0.37; } } if (annualFederalTax < 0) annualFederalTax = 0; var federalTaxPerPeriod = annualFederalTax / payPeriodsPerYear; // — West Virginia State Income Tax (2024) — var wvAllowanceValue = 2000; // Value of one WV allowance var wvTaxableIncome = annualTaxableGross – (wvAllowances * wvAllowanceValue); if (wvTaxableIncome < 0) wvTaxableIncome = 0; var annualWVTax = 0; if (wvFilingStatus === 'single') { // 2024 WV Tax Brackets (Single/Married Filing Separately) if (wvTaxableIncome <= 10000) { annualWVTax = 0; // 0% for first $10,000 } else if (wvTaxableIncome <= 25000) { annualWVTax = (wvTaxableIncome – 10000) * 0.0236; } else if (wvTaxableIncome <= 40000) { annualWVTax = 354 + (wvTaxableIncome – 25000) * 0.0315; } else if (wvTaxableIncome <= 60000) { annualWVTax = 826.50 + (wvTaxableIncome – 40000) * 0.0375; } else { // Over $60,000 annualWVTax = 1576.50 + (wvTaxableIncome – 60000) * 0.0425; } } else { // married (Married Filing Jointly) // 2024 WV Tax Brackets (Married Filing Jointly – generally double single brackets) if (wvTaxableIncome <= 20000) { annualWVTax = 0; // 0% for first $20,000 } else if (wvTaxableIncome <= 50000) { annualWVTax = (wvTaxableIncome – 20000) * 0.0236; } else if (wvTaxableIncome <= 80000) { annualWVTax = 708 + (wvTaxableIncome – 50000) * 0.0315; } else if (wvTaxableIncome <= 120000) { annualWVTax = 1653 + (wvTaxableIncome – 80000) * 0.0375; } else { // Over $120,000 annualWVTax = 3153 + (wvTaxableIncome – 120000) * 0.0425; } } if (annualWVTax < 0) annualWVTax = 0; var wvTaxPerPeriod = annualWVTax / payPeriodsPerYear; // — Net Pay Calculation — var totalDeductionsPerPeriod = preTaxDeductions + socialSecurityTaxPerPeriod + medicareTaxPerPeriod + federalTaxPerPeriod + wvTaxPerPeriod + postTaxDeductions; var netPayPerPeriod = grossPay – totalDeductionsPerPeriod; // Display Results var resultDiv = document.getElementById('result'); resultDiv.innerHTML = '

Estimated Paycheck Breakdown

' + 'Gross Pay per Period: $' + grossPay.toFixed(2) + " + 'Pre-tax Deductions: $' + preTaxDeductions.toFixed(2) + " + 'Federal Income Tax: $' + federalTaxPerPeriod.toFixed(2) + " + 'Social Security Tax: $' + socialSecurityTaxPerPeriod.toFixed(2) + " + 'Medicare Tax: $' + medicareTaxPerPeriod.toFixed(2) + " + 'West Virginia State Tax: $' + wvTaxPerPeriod.toFixed(2) + " + 'Post-tax Deductions: $' + postTaxDeductions.toFixed(2) + " + 'Estimated Net Pay per Period: $' + netPayPerPeriod.toFixed(2) + '' + 'This is an estimate based on 2024 tax laws and simplified withholding methods. Your actual paycheck may vary.'; } // Run calculation on page load with default values window.onload = calculateWVPaycheck;

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