App Profile: My Paycheck Calculator

My Paycheck Calculator helps you take control of your finances by estimating your paycheck and calculating your taxes accurately. Whether you want to understand your federal and state income taxes, plan for retirement, or get an estimate of your tax refund, this app is the perfect tool for you.

Use My Paycheck Calculator to find answers to important questions:
• How much will my paycheck be if I accept a new job offer or get a raise?
• What will my state and local taxes look like if I move to a different state like Colorado or California?
• Should I file my taxes jointly or separately with my spouse to maximize my refund?
• How will retirement contributions impact my take-home pay?
• What is my estimated tax refund for the current year?

Key Features:

Comprehensive Paycheck and Salary Calculator
• Calculate your net pay after federal, state, and local tax deductions.
• Supports all 50 states plus Washington D.C., including county-level taxes for New York.
• Includes payroll taxes like Social Security and Medicare.

Accurate Tax Calculator for Multiple Years
• Supports federal and state tax years from 2021 through 2025.
• Calculates federal tax withholding, state income tax, and local taxes for precise estimations.

Supports All Filing Statuses
• Single, Married Filing Jointly, Married Filing Separately, Head of Household, and Qualifying Surviving Spouse.

Detailed Income Inputs
• Employment income: salary, hourly wages, overtime, shift differential pay, bonuses, commissions, and tips.
• Investment income including short and long-term capital gains, dividends, interest, and capital losses.
• Stock compensation: Incentive Stock Options (ISO), Non-Qualified Stock Options (NSO), Restricted Stock Units (RSU).
• Self-employment income and non-taxable income tracking.

Deductions & Tax Credits
• Retirement plan contributions including Traditional and Roth 401(k)s, IRAs, and employer contributions.
• Federal and state tax deductions: standard and itemized.
• Capital Loss Carryover deductions.
• Tax credits such as Earned Income Tax Credit (EITC), Child Tax Credit (CTC), and other dependent credits.
• State-specific tax credits to maximize your refund.

Detailed Paycheck Breakdown
• Shows net income along with federal, state, and local tax breakdowns.
• Payroll taxes including Social Security, Medicare, and Additional Medicare Tax.
• Investment-related taxes like long-term capital gains and net investment tax.
• Clear visibility of retirement contributions and employer matches.

Scenario Comparison & Visual Insights
• Compare different salary and tax scenarios to optimize your finances.
• Visual tax bracket breakdowns and charts to help you understand your tax distribution.

Why Choose My Paycheck Calculator?
This app is designed for anyone who wants to estimate their paycheck, understand taxes, plan retirement savings, or get a clear view of their tax refund. Whether you're an employee, freelancer, investor, or business owner, you can get reliable estimates to make smarter financial decisions.

Feedback & Support
We’re always improving! If you have any questions, suggestions, or find a bug, please email us at [email protected]. Your feedback helps us make My Paycheck Calculator better for everyone.

Disclaimer
My Paycheck Calculator provides helpful estimates for paycheck, salary, and tax calculations. It is not intended for preparing or filing tax returns and does not provide financial, legal, or tax advice. Always consult a qualified tax professional or financial advisor before filing taxes or making major financial decisions.

Terms and Conditions
https://mypayapp.io/terms-and-conditions.html.