Salary ↔ Hourly Calculator

1. Enter an annual salary or hourly wage, hours per week and filing status.
2. The calculator converts between annual and hourly pay, then estimates federal income tax and FICA for the stated tax year.
3. State/local taxes are excluded. This is annualized liability, not W-4 withholding.

Estimated take-home pay = Gross pay − Entered deductions − Federal income tax − Social Security − Medicare

Annualized estimate for one worker using the selected tax year, federal income tax, employee FICA and qualifying pretax deductions. It does not recreate W-4 withholding.

Take-home pay

Take-home pay is estimated net income after the federal income tax, FICA and qualifying pretax deductions included in this calculator.

• The selected tax year defaults to 2026; 2025 is also supported. Sources accompany the selected year.
• Only the federal standard deduction is applied — no credits or itemized deductions.
• State/local taxes, credits and spouse income are excluded. MFJ assumes one worker.
• Social Security tax applies only up to the 2026 wage base of $184,500.
• Medicare is 1.45% plus 0.9% above $200,000 of Medicare wages for single/head-of-household or $250,000 for MFJ.

Educational estimates only. MoneyBasis does not provide financial, investment, tax or legal advice.

• Revenue Procedure 2025-32
• Revenue Procedure 2024-40
• Contribution and Benefit Base
• Topic 560: Additional Medicare Tax