By: Revanche

Paycheck Calculator

April 18, 2007

I found a nifty calculator that figures your take home pay after taxes with X number of exemptions and Y filing status. We were chatting on the train today about the various options my divorcing-HOH-friend -with-two-kids has to avoid over- or under-withholding throughout the year, and I think she’ll be more comfortable seeing the calculations before she makes any changes.

If you go to that page and click on the Salary Paycheck Calculator link, it’ll open a popup window with the calculator. At the very top, in the right hand corner, there’s a drop down menu that lets you select your state. Then just enter in your gross pay for a pay period (select the “pay period”, not the “annually” selection.) This seems to work pretty well!

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