Texas Payroll Calculator

How to Use the Texas Payroll Calculator

Step 1: Gather Required Information

Before you begin using the Texas Payroll Calculator, make sure you have the following information ready:

• Your hourly pay rate
• The number of hours worked during the pay period
• The number of overtime hours worked during the pay period
• The frequency in which you receive your paychecks (e.g., weekly, bi-weekly, semi-monthly, monthly)
• Your federal filing status (e.g., single, married, head of household)
• The number of federal allowances you are claiming

Step 2: Enter Input Data

• Hourly Pay Rate: Enter your hourly wage. Ensure the amount is equal to or greater than the minimum wage of $7.25 per hour. Use a format with two decimal places, such as 15.50.
• Hours Worked: Enter the total number of hours you worked during the pay period (excluding overtime hours). The value must be between 0 and 168 hours, rounded to the nearest 0.25 hour.
• Overtime Hours: Enter the number of overtime hours worked during the pay period. This should be between 0 and 128 hours, rounded to the nearest 0.25 hour.
• Pay Frequency: Select how often you receive your paychecks. Options include Weekly, Bi-Weekly, Semi-Monthly, or Monthly.
• Federal Filing Status: Choose your filing status for federal tax purposes. Options are Single, Married, or Head of Household.
• Federal Allowances: Enter the number of allowances you are claiming for federal income tax withholding. The number must be a whole number and at least 0.

Step 3: Calculate the Results

Once all information is accurately entered, the Texas Payroll Calculator will perform the computations. Here are the key results provided by the calculator:

• Regular Pay: Calculated based on your hourly pay rate and hours worked (excluding overtime).
• Overtime Pay: Computed at 1.5 times your hourly rate for the overtime hours worked.
• Gross Pay: The total earnings for the pay period, combining regular and overtime pay.
• Federal Income Tax: Estimated tax liability based on a fixed rate of 15% of gross pay.
• Social Security Tax: Calculated as 6.2% of gross pay.
• Medicare Tax: Amount due at a rate of 1.45% of gross pay.
• Total Deductions: Sum of federal tax, social security tax, and medicare tax.
• Net Pay: The take-home amount after all deductions from gross pay.
• Estimated Annual Gross Pay: Projected annual earnings based on gross pay and pay frequency.

Review each of these outputs to ensure they meet your expectations and are consistent with the entered data. Adjust inputs as necessary to explore different payroll scenarios.