Net Paycheck Calculator Georgia

Net Paycheck Calculator Georgia

Understanding Your Net Pay

How Net Pay is Calculated

Your net pay (take-home pay) is calculated by subtracting all deductions from your gross pay:

  • Federal Income Tax
  • Georgia State Tax
  • Social Security (6.2%)
  • Medicare (1.45%)
  • Pre-tax Deductions

Georgia Tax Information

Georgia uses a progressive tax system with six brackets:

$0 – $750 1%
$751 – $2,250 2%
$2,251 – $3,750 3%
$3,751 – $5,250 4%
$5,251 – $7,000 5%
$7,001+ 5.75%

Example Net Pay Calculation

For a $60,000 annual salary paid bi-weekly:

  1. Gross Pay: $60,000 ÷ 26 = $2,308 per paycheck
  2. Federal Tax: $2,308 × 22% = $508
  3. State Tax: $2,308 × 5.75% = $133
  4. Social Security: $2,308 × 6.2% = $143
  5. Medicare: $2,308 × 1.45% = $33
  6. Total Deductions: $817
  7. Net Pay: $2,308 – $817 = $1,491

Calculate Your Net Pay