After-Tax Income Guides: Tax Rates, Net Pay & More (2026)

Understanding taxes shouldn't require a finance degree. These plain-language guides explain how taxes affect your income, paychecks, investments, and retirement withdrawals — with numbers, not jargon.

New here? Start with gross vs net income or federal vs state vs payroll taxes, then use the state-by-state take-home pay comparison to see how your location affects your real after-tax pay.

Core after-tax guides

Related after-tax calculators

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After-tax income: common questions

What is the difference between gross income and net income?

Gross income is your total earnings before any taxes or deductions are applied. Net income — also called take-home pay — is what remains after federal income tax, state income tax, and payroll taxes (Social Security and Medicare) are deducted. For most US workers, net income is 70–82% of gross income depending on state and filing status. See the full gross vs net income guide.

What is the difference between marginal and effective tax rate?

Your marginal tax rate is the rate applied to your last dollar of income — the top bracket you fall into. Your effective tax rate is the average rate across all your income, always lower than the marginal rate because the lower brackets are taxed at lower rates first. A $75,000 single filer is in the 22% marginal bracket but typically has an effective federal rate of around 13–15%. See the marginal vs effective tax rate guide for examples at multiple income levels.

Why is after-tax income more important than salary?

Salary is a before-tax number. Two workers with the same $75,000 salary can take home meaningfully different amounts depending on their state — approximately $59,500 in Texas versus $54,800 in California. After-tax income is the number that determines what you can actually spend, save, or invest. Use the state take-home pay comparison tool to see the difference side by side.

How do taxes reduce take-home pay?

Several taxes reduce gross pay to net pay on each paycheck: federal income tax (10–37% progressive brackets), Social Security (6.2% up to the wage base), Medicare (1.45% on all wages), and state income tax where applicable (0% in Texas and Florida, up to 13.3% in California). Together these typically reduce take-home pay by 18–30% depending on income level and state. See the federal vs state vs payroll taxes guide for a full breakdown.

Are after-tax calculators accurate?

After-tax calculators provide close estimates for most W-2 employees using standard assumptions — single filer, standard deduction, no pre-tax deductions. Actual take-home pay can differ if you have 401k contributions, health insurance premiums, FSA deductions, or itemize deductions. Use the estimates for planning and comparison, then confirm with your actual pay stub or a tax professional.