Nov 19 2007

Quick Tip: Figure Out Your Take-Home Pay

takehomepay

Here’s a quick and easy way to figure out your take-home pay. This calculator on Yahoo lets you figure out your take-home pay by inputting how much your gross pay is per pay period plus any allowances and deductions you have. So take out your pay stub and fill in the information! You can input “what-if” situations to see how a change in 401k withholding and other things can impact your take-home pay.

If you want to get a little more detailed, you can check out this calculator (hourly) which allows you to pick a state to get an even more accurate number for your take-home pay by calculating your state’s income tax rate and more.

Here’s one for if you’re on salary rather than an hourly wage. These are powered by PaycheckCity.

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3 Comments on this post

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  1. koncerty said:

    Thanks for this nice sharing. Very good tip.

    October 1st, 2009 at 10:47 am
  2. Yourpersonalfinancialplanner said:

    Great blog and great tips. I don’t calculate my take home often, but sometimes it is important to do so when preparing for lean times of the year.

    Thanks alot.

    October 20th, 2009 at 10:58 am
  3. tires said:

    Hey Henry, I know you made this post a while ago, but I just checked out the link you provided, and its currently giving me the following message: “Sorry, Our calculators are temporarily not working. Please try again.” Anyway you can relink this?

    Till then,

    Jean

    July 15th, 2010 at 11:31 pm

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