W-2 Tax Calculator
Our W-2 Tax Calculator estimates taxes for employees who receive Form W-2 wages. Calculate federal tax liability, payroll taxes, and potential refunds based on employment income.
💰W-2 Income
$
$
$
📋Tax Withheld
$
$
📊W-2 Summary
Net Pay
$49,012.50
take-home pay
Total Tax
$25,987.50
all withholdings
Effective Rate
34.65%
of gross wages
ℹ️Tax Breakdown
Gross Wages$75,000.00
Federal Tax-$16,500.00
State Tax-$3,750.00
Social Security-$4,650.00
Medicare-$1,087.50
Net Pay$49,012.50