Explore 401(k) and IRA contribution scenarios and see how retirement savings can affect your long-term plan and paycheck.
Compare retirement contribution scenarios using your income, contribution amounts, and account type. Use the results to understand contribution levels and projected savings.
It can help you explore contribution amounts, account types, and projected retirement savings using the inputs you provide.
Traditional and Roth accounts can have different tax treatment. The calculator lets you explore the available account scenarios rather than providing individualized tax advice.
No. It is a planning calculator. Contribution decisions should consider your complete financial situation and applicable plan rules.
TaxCalc USA is a free payroll and salary tax calculator for all 50 U.S. states. Enter your annual salary, hourly wage, or monthly income and instantly see your federal income tax, state income tax, Social Security, Medicare, and exact take-home pay — updated for 2026 IRS tax brackets.
Your gross income is reduced by the standard deduction (or itemized), then taxed using progressive 2026 federal tax brackets. On top of federal income tax, we calculate state income tax for your selected state, Social Security (6.2%), and Medicare (1.45%). Additional 0.9% Medicare applies above $200,000.
Nine states charge zero state income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. Use our State Compare tool to see exactly how much more take-home pay you'd earn in a no-tax state.
Is TaxCalc USA free? Yes, completely free with no sign-up required.
How accurate is it? Calculations use official 2026 IRS tax brackets and state tax tables. Results are estimates — consult a CPA for official advice.
What filing statuses are supported? Single, Married Filing Jointly, Married Filing Separately, and Head of Household.