Tennessee Paycheck Calculator

Use this Tennessee Paycheck Calculator to estimate net or “take home” pay for either hourly or salaried employees. Just enter the wages, tax withholdings and other information required below and our tool will take care of the rest.

Important note on the salary paycheck calculator: This calculator is designed to provide general guidance and estimates. It should not be relied upon to calculate exact taxes, payroll or other financial data. This calculator is not intended to provide tax or legal advice. You should refer to a professional advisor or accountant regarding any specific requirements or concerns.

Salary

Hourly

Employee Information

Pay Frequency

Pay Date

Annual Salary ($)

Gross Pay Per Period ($)

Federal Tax Information

Federal Filing Status

W-4 Form Version

Step 3: Claim Dependents ($)

Step 4a: Other Income ($)

Step 4b: Deductions ($)

Step 4c: Extra withholding ($)

Tennessee State Tax Information

Tennessee does not have a state income tax on wages and salaries.

Pre-Tax Deductions (Per Pay Period)

401(k)/Retirement ($)

Medical Insurance ($)

Dental Insurance ($)

Vision Insurance ($)

HSA/FSA Contributions ($)

Other Pre-tax Deductions ($)

Post-Tax Deductions (Per Pay Period)

Roth 401(k) ($)

Wage Garnishments ($)

Employee Information

Pay Frequency

Pay Date

Hourly Rate ($)

Hours Worked (Regular)

Overtime Hours

Overtime Rate Multiplier

Gross Pay Per Period ($)

Federal Tax Information

Federal Filing Status

W-4 Form Version

Step 3: Claim Dependents ($)

Step 4a: Other Income ($)

Step 4b: Deductions ($)

Step 4c: Extra withholding ($)

Tennessee State Tax Information

Tennessee does not have a state income tax on wages and salaries.

Pre-Tax Deductions (Per Pay Period)

401(k)/Retirement ($)

Medical Insurance ($)

Dental Insurance ($)

Vision Insurance ($)

HSA/FSA Contributions ($)

Other Pre-tax Deductions ($)

Post-Tax Deductions (Per Pay Period)

Roth 401(k) ($)

Wage Garnishments ($)

Paycheck Results

Gross Pay

$0.00

Total Taxes

$0.00

Net Pay

$0.00

Tax and Deduction Details

Taxes

Federal Income Tax $0.00

Social Security Tax (6.2%) $0.00

Medicare Tax (1.45%) $0.00

Additional Medicare Tax (0.9%) $0.00

State Income Tax $0.00

Deductions

Pre-Tax Deductions $0.00

Post-Tax Deductions $0.00

Pay and Deduction Breakdown

Earnings

Gross Pay $0.00

Pre-Tax Deductions

Taxes

Federal Income Tax $0.00

Social Security Tax $0.00

Medicare Tax $0.00

Additional Medicare Tax $0.00

Post-Tax Deductions

Net Pay $0.00

Note: This calculation is an estimate and may not reflect exact paycheck amounts. Tax laws and withholding rates can change, and individual circumstances may affect actual deductions.

Understanding Your Tennessee Paycheck

When reviewing your Tennessee paycheck, it’s important to understand the various components that affect your take-home pay:

Federal Income Tax: Withheld based on your W-4 information and current tax brackets.
FICA Taxes: Includes Social Security tax (6.2% on earnings up to $168,600 for 2024) and Medicare tax (1.45% on all earnings, plus an additional 0.9% on earnings over $200,000 for single filers).
Tennessee State Income Tax: Tennessee does not have a state income tax on wages and salaries, giving residents an advantage over those in many other states.
Pre-tax Deductions: Items like health insurance premiums, traditional 401(k) contributions, and HSA/FSA contributions are deducted before taxes, lowering your taxable income.
Post-tax Deductions: Roth 401(k) contributions, garnishments, and other deductions taken after taxes are calculated.

Understanding these components can help you better manage your finances and make informed decisions about tax withholding and retirement contributions.