PayFigi

Methodology

Our calculator turns your gross annual income into an estimated net paycheck. This page explains the assumptions and formulas behind every result.

1. Federal income tax

We start with your gross annual income, subtract the 2026 federal standard deduction for your filing status, and apply the official IRS tax brackets using marginal tax rates.

2. FICA payroll taxes

We calculate Social Security and Medicare taxes as follows:

3. State income tax

Each state is modeled as one of three types: no income tax, flat income tax, or progressive income tax. For progressive states, we subtract the state standard deduction and apply the state's marginal brackets.

4. Net pay

Net annual pay equals gross income minus federal income tax, FICA, and state income tax. We also show monthly and biweekly equivalents by dividing by 12 and 26.

5. Compare and embed tools

The state comparison tool runs the same engine for two states at once so you can evaluate a relocation or job offer. The embeddable calculator lets third-party sites add the calculator through a simple iframe.

Important assumptions

Data sources