Question 1

How accurate is this salary calculator?

Accepted Answer

Our calculator uses official 2025 IRS tax brackets, state tax rates, and current FICA rates (Social Security 6.2% up to $176,100 and Medicare 1.45%). While highly accurate for most scenarios, actual take-home pay may vary based on additional deductions, credits, and local taxes.

Question 2

What is the difference between gross and net salary?

Accepted Answer

Gross salary is your total income before any taxes or deductions. Net salary (take-home pay) is what you actually receive after federal taxes, state taxes, FICA (Social Security and Medicare), and any other deductions are subtracted from your gross salary.

Question 3

How does filing status affect my take-home pay?

Accepted Answer

Your filing status (Single, Married Filing Jointly, Head of Household, or Married Filing Separately) determines which tax brackets apply to you. Married Filing Jointly typically has wider tax brackets, meaning you may pay less tax at the same income level compared to filing as Single.

Question 4

What are FICA taxes?

Accepted Answer

FICA (Federal Insurance Contributions Act) taxes fund Social Security and Medicare. In 2025, Social Security is 6.2% on earnings up to $176,100, and Medicare is 1.45% on all earnings. High earners pay an additional 0.9% Medicare tax on income over $200,000 (single) or $250,000 (married filing jointly).