Seattle Paycheck Calculator

How to Use the Seattle Paycheck Calculator

The Seattle Paycheck Calculator is a comprehensive tool designed to help you estimate your monthly net pay after taxes and deductions. Follow this step-by-step guide to learn how to effectively use it.

Step 1: Input Your Pay Details

• Pay Rate ($):

  Enter your hourly wage or annual salary into the Pay Rate field. Ensure the amount falls between the minimum of $18.69 and the maximum of $1,000,000 as required by the calculator.

• Pay Type:

  Select whether you are paid Hourly or on a Salary basis from the Pay Type dropdown menu, as this will affect the calculation of your gross pay.

• Hours Worked Per Week:

  If you are an hourly employee, enter the number of hours you work per week. This field requires a minimum input of 0 and a maximum of 168 hours.

Step 2: Specify Your Filing Status

• Filing Status:

  Choose your filing status from the available options: Single, Married Filing Jointly, Married Filing Separately, or Head of Household. This selection will influence the calculation of your federal tax.

Step 3: Enter Your W-4 Allowances

• W-4 Allowances:

  Input the number of W-4 allowances you claim. This number should be between 0 and 99 and will be used to estimate your federal tax deduction.

Step 4: Review Calculated Outputs

• Gross Pay:

  Based on your inputs, the calculator will display your calculated gross pay. If paid hourly, it multiplies your hourly rate by the number of hours worked per week and then by 52 weeks, divided by 12 months. If salary-based, it divides your annual salary by 12 months.

• Federal Tax:

  The estimator calculates federal tax using a rate of 22% for single filers and 20% for others, factoring in W-4 allowances which reduce the amount of taxable income.

• Social Security + Medicare:

  Your contributions are computed based on applicable percentages of the gross pay, with Social Security capped and Medicare calculated at 1.45%.

• WA State Paid Family & Medical Leave:

  This state-specific deduction is calculated based on your gross pay at a rate of 0.6%.

• Total Deductions:

  The total deductions are summed up from all taxes and contributions.

• Net Pay (Take-Home):

  Net pay is your gross pay minus all calculated deductions, representing your estimated take-home pay per month.

By following these steps, you will obtain an accurate estimate of your monthly net income, accounting for all relevant taxes and deductions as per Washington State laws. Ensure all input data is accurate for the best results.