Paycheck Calculator

How It Works

The calculator splits total hours into regular hours and overtime hours. Regular pay equals regular hours × hourly rate. Overtime pay equals overtime hours × hourly rate × overtime multiplier. Deductions are estimated from a percentage of gross pay plus any fixed deduction you enter.

Example

If you work 45 hours at $20/hour with a 40-hour overtime threshold and 1.5x overtime, regular pay is $800 and overtime pay is $150. Gross pay is $950. With 18% deductions and $25 fixed deductions, estimated take-home pay is $754.

Useful inputs to include

• Total hours for the pay period, including paid time.
• Hourly rate before taxes or deductions.
• Overtime threshold and multiplier if overtime applies.
• Estimated tax/benefit deduction percentage and fixed deductions for the same pay period.

Important limitations

• This tool does not know local payroll tax brackets or filing status.
• It does not handle bonuses, commissions, pre-tax benefits, or employer-specific rules.
• Use it for quick planning, then verify official payroll with your employer or accountant.
• For weekly time totals, use the Time Card Calculator first, then copy the hours here.