2026 Paycheck Calculator: Calculate Take-Home Pay with OBBBA Overtime & Tips Deductions
This free 2026 paycheck calculator estimates your net take-home pay after federal income tax, Social Security, Medicare, OBBBA deductions for overtime and tips, and state income tax. Updated with IRS 2026 brackets and One Big Beautiful Bill Act provisions.
Last Updated: May 2026
2026 Paycheck Calculator: Quick Facts
- Standard Deduction (2026): $16,100 single • $32,200 married • $24,150 head of household
- OBBBA Overtime Exemption: First $12,500 of overtime pay excluded from federal income tax
- OBBBA Tips Exemption: First $25,000 of qualified tips excluded from federal income tax
- Social Security Wage Base: $184,500 (6.2% tax up to this limit)
- Medicare Tax: 1.45% on all wages (no cap)
- Federal Tax Brackets: 10%, 12%, 22%, 24%, 32%, 35%, 37% (marginal rates)
| 2026 Tax Figure | Amount / Rate | Applies To |
|---|---|---|
| Standard Deduction (Single) | $16,100 | Federal income tax |
| Standard Deduction (Married) | $32,200 | Federal income tax |
| OBBBA Overtime Exemption | $12,500 | Federal income tax only |
| OBBBA Tips Exemption | $25,000 | Federal income tax only |
| Social Security Tax Rate | 6.2% | Wages up to $184,500 |
| Medicare Tax Rate | 1.45% | All wages (no cap) |
| Federal Tax Brackets | 10% – 37% | Marginal rates on taxable income |
2026 US Take-Home Pay Calculator
Federal tax, FICA, OBBBA deductions, and state tax
Estimate only. Excludes 401(k), health premiums, Child Tax Credit, and itemized deductions. Consult a CPA for official filings.
How does your state stack up?
Same salary, wildly different take-home. Compare your net pay across the biggest states.
👷 Calculators by Profession
How the 2026 US Take-Home Pay Calculator Works
Our calculator simulates the exact withholding calculations your employer uses — applying 2026 federal income tax brackets, FICA taxes, OBBBA deductions, and your state’s rate to show your real net paycheck.
Step 1: Gross Income
Enter your annual salary. The calculator handles all pay frequencies — weekly, bi-weekly, semi-monthly, and monthly. Want a state-specific breakdown? Try our state calculator directory.
Step 2: OBBBA Deductions
The 2026 OBBBA exempts $12,500 in overtime and $25,000 in tips from federal income tax. See our No Tax on Overtime by State guide for full state-by-state rules.
Step 3: Federal Tax Brackets
We apply the 2026 marginal brackets (10%–37%) to your taxable income after the standard deduction and OBBBA deductions. Your filing status determines thresholds.
Step 4: FICA & State Tax
Social Security (6.2% up to the $184,500 wage base) and Medicare (1.45%) are applied next. For exact state results, use a dedicated state calculator.
Frequently Asked Questions
Common questions about the 2026 tax changes and how to use this calculator.
The first $12,500 of overtime pay is excluded from federal income tax in 2026 under the One Big Beautiful Bill Act (OBBBA). Social Security and Medicare taxes still apply to overtime wages. The deduction phases out for taxpayers with incomes above $150,000 (single) or $300,000 (married filing jointly).
Up to $25,000 in qualified tips is excluded from federal income tax in 2026 under the OBBBA. This applies to hospitality, food service, hair care, and other tip-based industries. Tips remain subject to FICA taxes (Social Security and Medicare).
For tax year 2026, the standard deduction is $16,100 for single filers, $32,200 for married filing jointly, and $24,150 for head of household. These amounts are subtracted from gross income before federal tax brackets are applied.
Yes — select your state from the dropdown for an estimated state income tax. For precise results, use our dedicated state calculators: California, New York, Illinois, Georgia, Virginia, and Pennsylvania.
The 2026 Social Security taxable wage base is $184,500. You pay 6.2% on wages up to this amount — maximum SS tax is $11,439. Wages above $184,500 are not subject to Social Security tax, though all wages remain subject to the 1.45% Medicare tax with no cap.