Q:

What are some home salary calculators?

A:

Quick Answer

Take-home salaries are computed using income calculators such as those provided by ADP.com and Calculator.net. These calculators estimate net pay after variables such as federal and state income tax, Social Security and Medicare tax are deducted. Salary calculators are typically used for approximation only, as tax brackets and codes change.

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Full Answer

Access the home salary calculator on ADP.com by selecting the "Calculators" option in the Insights & Resources tab. Next, click the Calculators and Tools drop-down menu and select the "Salary Paycheck Calculator" option. Using Calculator.net, select the "Take-Home-Pay Calculator" option from the Financial Services list and enter the requested income information. Online resources such as PayScale.com offer tools to calculate salaries while comparing the results with similar careers and reported data in a specified city.

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