Finance & Economics / Personal Finance
Take-Home Pay Calculator
Implementation Specifications
This calculator is planned and documented. The formulas and guidance below are ready for implementation.
Required Inputs
- Gross salary
- Filing status
- Federal tax rate
- State tax rate
- FICA (7.65%)
- Other deductions
Formulas & Calculations
Net = Gross - (Federal tax + State tax + FICA + Deductions)
Federal tax = Gross × user-provided marginal rate
FICA = Gross × 0.0765
Status: Specification complete, implementation pending
To implement: Create app/components/calculators/take-home-pay-calculator.tsx and register in app/lib/calculator-registry.ts
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