How accurate is this US take-home pay calculator?

This calculator provides estimates based on 2026 federal tax brackets, FICA payroll tax rates, and estimated state income tax rates. Actual paycheck amounts may vary depending on deductions, credits, benefits, and employer-specific withholdings.

Does this paycheck calculator include Social Security and Medicare?

Yes. The calculator includes FICA payroll taxes, which consist of Social Security and Medicare contributions, to estimate your net pay accurately.

Does this calculator include 401(k) or health insurance deductions?

No. Retirement contributions, health insurance premiums, and other voluntary pre-tax benefits are not automatically included unless entered manually.

Can I compare take-home pay between different states?

Yes. Because state income taxes vary widely, this calculator allows you to compare net income estimates across different U.S. states.

2026 Tax Planning Checklist: How to Maximize the OBBB Act Savings

The Ultimate 2026 Tax Planning Checklist

Navigate the OBBB Act and secure your take-home pay with these essential moves.

The implementation of the One Big Beautiful Bill (OBBB) Act has fundamentally changed how Americans plan their finances. With new deductions for specific types of income and a permanent increase in the standard deduction, 2026 is a year of opportunity—if you know where to look.

1. Review Your Income Eligibility

The OBBB Act introduced “category-specific” deductions. Check if your income falls into these high-value buckets:

✅ Tips: Up to $25,000 in tip income is now deductible for eligible service workers.
✅ Overtime: Qualified overtime pay (up to $12,500 for individuals) may be eligible for a dollar-for-dollar deduction.
✅ Seniors (65+): Check your eligibility for the new $6,000 bonus deduction if your MAGI is under $75,000.

2. Maximize Your 2026 Contribution Limits

The IRS has updated limits for 2026 to keep pace with inflation. Ensure you are “maxing out” to lower your taxable income:

Account Type	2026 Limit
401(k) / 403(b)	$24,500
HSA (Family Coverage)	$8,750
IRA (Traditional/Roth)	$7,500

3. The “New” SALT Strategy

Good news for residents in high-tax states like California and New York: The SALT deduction cap has been temporarily increased to $40,000 for joint filers earning under $500,000. This makes itemizing significantly more attractive than in previous years.

Pro Tip: Use our Virginia Paycheck Calculator to see how the state standard deduction ($8,750) compares to your potential itemized SALT deductions.

4. Document Your New Credits

Auto Loan Interest: You may deduct up to $10,000 in interest on new, U.S.-assembled vehicles. Keep your loan statements!
Child Tax Credit: Now permanent at $2,200 per child, with a refundable portion of $1,700.
Trump Accounts: If you had a child in 2025 or 2026, ensure you’ve applied for the $1,000 federal pilot contribution.