Payroll calculator
See an employee’s estimated take-home pay and what the paycheck really costs your business.
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How this calculator works
Employees pay 6.2% Social Security (up to the $184,500 wage base) and 1.45% Medicare, and the employer matches both. Employers also pay federal unemployment tax (FUTA), usually 0.6% on the first $7,000 of each worker’s wages after the state credit, plus New York unemployment insurance at the rate New York assigns.
Sources: IRS: Publication 15, Employer’s Tax Guide · IRS: Publication 15-T, federal withholding methods · SSA: 2026 contribution and benefit base · IRS: Topic 759, FUTA tax (Form 940)
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Sources: IRS: Publication 15, Employer’s Tax Guide · IRS: Publication 15-T, federal withholding methods · SSA: 2026 contribution and benefit base · IRS: Topic 759, FUTA tax (Form 940)
Figures and rules on this page come from the official and published sources linked above, as of November 2026. People and numbers in the examples are made up to explain the idea. This page is general information, not tax or legal advice for your situation, and laws change; check the linked source or ask a licensed CPA before you act.
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