What comes out of a U.S. paycheck
- Federal income tax β progressive 10% to 37% on taxable income after the 2026 standard deduction ($16,100 single, $32,200 married jointly, $24,150 head of household).
- Social Security β 6.2% of wages up to $184,500 in 2026 (max $11,439).
- Medicare β 1.45% of all wages plus 0.9% above $200,000 (single) or $250,000 (married jointly).
- State and local tax β nine states have no wage income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming.
Pre-tax deductions
Traditional 401(k) contributions lower federal and most state income tax but not Social Security or Medicare. Health insurance premiums, HSA and FSA contributions through a cafeteria plan lower both income tax and FICA.
Why your real paycheck may differ
Employers withhold using IRS Publication 15-T and your W-4, so withholding can differ slightly from the actual tax shown here. Local taxes (e.g. New York City, Philadelphia) and state disability insurance are not included.
FAQ
How much is $75,000 a year after taxes?
For a single filer in a state with no income tax who puts 6% into a 401(k), roughly $56,000β$57,000 a year, or about $2,170 per bi-weekly paycheck. Enter your details above for an exact figure.
What is the Social Security wage base for 2026?
$184,500. Wages above this amount are not subject to the 6.2% Social Security tax, though Medicare tax still applies.
Does a 401(k) contribution reduce FICA tax?
No. Traditional 401(k) contributions reduce federal income tax, but Social Security and Medicare taxes are still calculated on your full wages.