Paycheck Ledger TAX YEAR 2026

What actually lands in your account after taxes.

Enter a salary and we'll run it through the same math your payroll system does: 2026 progressive federal brackets, Social Security, Medicare, and state tax — itemized like a real pay stub, not a black box.

Your numbers

$

Pre-tax deductions (optional)

%
$

EARNINGS STATEMENT · ESTIMATE

Bi-weekly take-home

NOT PAYROLL

$0.00

Annual gross $0.00
Annual net $0.00

Itemized per paycheck

Gross pay $0.00
401(k) contribution $0.00
Other pre-tax deductions $0.00
Federal income tax −$0.00
Social Security (6.2%) −$0.00
Medicare (1.45%+) −$0.00
State tax (est.) −$0.00
Net pay this check $0.00

0.0%

Effective tax rate

0%

Federal marginal rate

0.0%

Of gross kept

Estimate only — doesn't account for local/city tax, filing credits, or non-standard deductions. Not tax advice.

How your paycheck is actually built

Four steps happen between your salary and your deposit, in this order — each one changes the number the next step works from. Read the full breakdown →

1

Gross pay

Your salary or hourly wage, divided by pay periods per year. Nothing's been subtracted yet.

2

Pre-tax deductions

401(k) contributions and section 125 benefits (health, dental, FSA) come out before taxes are calculated.

3

Taxes withheld

Federal income tax, Social Security, Medicare, and state tax are each calculated separately and withheld.

4

Net pay

What's left after every deduction — the number that actually hits your bank account.

2026 federal income tax brackets

Only the income inside each band is taxed at that band's rate — earning more never lowers your take-home. Standard deduction: $16,100 single, $32,200 married filing jointly.

Single filer

Married filing jointly

Source: IRS Revenue Procedure 2025-32, 2026 inflation adjustments.

More from Paycheck Ledger

Questions people ask

Why is my paycheck smaller than gross salary ÷ pay periods? +

Federal tax, FICA, and (in most states) state tax are all withheld before the money reaches you. Pre-tax benefits like 401(k) and health insurance come out too.

Does contributing to a 401(k) actually lower my tax bill? +

Yes, for a traditional 401(k). Contributions reduce the income used to calculate federal and (usually) state tax, though they don't reduce Social Security or Medicare wages.

Why does Social Security stop being withheld later in the year for high earners? +

Social Security tax only applies up to the annual wage base — $184,500 for 2026. Once year-to-date wages cross that line, withholding for that portion stops for the rest of the year.

How accurate is the state tax number? +

California and New York use their real published bracket schedules. Every other state uses a simplified flat-rate estimate — directionally useful, but not a substitute for a state-specific filing calculation. See our methodology for details.