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Take-home pay (net pay) is gross salary minus all deductions: federal income tax, FICA (Social Security + Medicare), state income tax, and voluntary deductions (401k, health insurance). The effective tax rate is often much lower than the marginal rate.
Steg-för-steg-guide
- 1Federal income tax: progressive brackets (10–37% in 2024)
- 2FICA: 6.2% Social Security (on first $168,600) + 1.45% Medicare = 7.65%
- 3State income tax: 0% (TX, FL, WA) to 13.3% (CA top bracket)
- 4Effective tax rate = Total taxes / Gross income (always lower than marginal rate)
Lösta exempel
Ingång
$75,000 salary, single, California
Resultat
~$54,000 take-home ($4,500/month)
~28% effective total tax rate
Ingång
$75,000 salary, single, Texas (no state tax)
Resultat
~$58,000 take-home ($4,833/month)
~22% effective total tax rate