Q:

How much will I bring home if I get paid $75000 a year?

A:

Quick Answer

Depending on what state you live in, a person grossing $75,000 annually will net between $52,000 and $56,000 after taxes, according to the ADP Salary Paycheck Calculator. This assumes a person files as a single adult with one federal and one state tax exemption.

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Full Answer

Federal and state income taxes are responsible for most of the difference between gross pay and net pay. While federal taxes are constant across the country, each state has its own tax rates that affect a person differently. New York state has the highest taxes at 12.8 percent of total income, according to USA Today. Alaska has the lowest taxes at 7 percent of total income. A salary pay check calculator is easy to find online and can be used to precisely calculate total tax burden based on individual circumstances.

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