What is a salary tax calculator?


Quick Answer

A salary tax calculator is a digital tool used to determine an individual's tax liability based on their gross income and voluntary deductions, according to ADP. Employees can also use salary calculators to verify other payroll details, such as take-home pay.

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Full Answer

The tax rate an employee is subjected to is determined by what income thresholds he meets and the manner in which that income is earned. Paycheck calculators, such as the one offered by PaycheckCity, take into account both federal and state taxes, as well as details such as marital status, payment frequency and federal tax allowances, to calculate take-home pay and total tax liability.

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