Payroll Deductions Calculator

This calculator can help determine the impact of changing your payroll deductions on your take home pay. You can enter your current payroll information and deductions, and then compare them to your proposed deductions. Try changing your tax withholding, filing status or retirement savings to see the impact.

Withholding schedules, rules and rates are from "IRS Publication 15" and "IRS Publication 15T." This calculator uses the redesigned W-4 created to comply with the elimination of exemptions in the Tax Cuts and Jobs Act (TCJA).

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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