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How we calculate

Updated 2026-09-21 · 2026 IRS and Social Security figures · how we calculate

Every result follows the same method payroll software uses, with official 2026 figures. Here is exactly what we do.

Federal income tax

We use the percentage method for automated payroll systems in IRS Publication 15-T (2026), Worksheet 1A, for a Form W-4 from 2020 or later:

  1. Pay subject to income tax for one paycheck (gross pay minus pre-tax 401(k) and pre-tax benefits), times the number of paychecks in the year.
  2. Add W-4 Step 4(a) other income; subtract Step 4(b) deductions and the IRS allowance of $12,900 (married filing jointly) or $8,600 (other statuses). The allowance is zero when the Step 2 box is checked.
  3. Look up the result in the IRS annual table for your filing status (the standard table, or the higher one if Step 2 is checked).
  4. Subtract W-4 Step 3 credits, divide by the number of paychecks, and add any Step 4(c) extra withholding.

Social Security and Medicare

Social Security is 6.2% of pay up to $184,500 in 2026. Medicare is 1.45% of all pay, plus 0.9% Additional Medicare on pay above $200,000 in the year. Pre-tax health, dental, vision and HSA deductions through a cafeteria (section 125) plan lower these; a traditional 401(k) does not.

A single paycheck shows the early-year amount. When your yearly pay passes the Social Security limit, we say which paycheck it stops at; the yearly totals apply both limits.

State taxes

Florida. Florida has no personal income tax, no employee-paid state payroll tax and no local income tax, so the state line is always $0. Figures checked 2026-09-21.

Texas. Texas has no personal income tax, no employee-paid state payroll tax and no local income tax, so the state line is always $0. Figures checked 2026-09-21.

How we check it

What we don't do

We don't cover the older (2019 and earlier) W-4, supplemental-wage flat rates for bonuses paid separately, or states other than Florida and Texas yet. We don't store what you type — the calculator runs entirely in your browser.

Sources