Take-home pay calculator
What a gross salary leaves you with after tax, where you live.
Take-home pay
Pay frequency
Choose where you live to see your take-home pay.
How it works
From your gross yearly salary we take off federal income tax, provincial or state income tax, and payroll contributions: CPP and EI in Canada, Social Security and Medicare in the United States. Pre-tax contributions such as an RRSP or a 401(k) lower the income that is taxed. Self-employed people pay both halves of CPP or of Social Security and Medicare. What the estimate cannot know: benefits, other income, credits you claim and city taxes.
Questions
- How do you turn an hourly rate into a salary?
- Rate times hours per week gives the pay for a week you work; times the weeks you work in a year gives the yearly pay. Monthly, every two weeks and weekly are the year divided by 12, 26 and 52, so with fewer than 52 weeks worked the weekly figure is an average. Take off unpaid vacation weeks. If you track hours in YourHourly, the calculator starts from your rate and your real average week.
- How do you estimate take-home pay?
- From your gross yearly salary we take off federal and provincial or state income tax, and CPP and EI in Canada or Social Security and Medicare in the US, using the published brackets and rates for the year shown. We don't know your deductions, benefits, other income, credits or city taxes, so your pay stub will differ. It is an estimate, not tax advice.