Washington Paycheck Calculator
Calculate your take-home pay per paycheck for salary and hourly jobs after federal & Washington taxes
Updated for 2024 tax year on Jul 06, 2024
Calculate your paycheck in these states
How to calculate your Washington paycheck
Table of Contents
Overview of Washington
Washington has a population of over 7 million (2019) and is one of the wealthiest and most socially liberal states in the country. Besides being the only state named after a president, it is also the birthplace of Starbucks.
Brief summary:
- no state-level income tax
- subject to Paid Family and Medical Leave (PFML)
- no standard deductions and exemptions
Understanding your Washington paycheck
A thorough understanding of your Washington paycheck is crucial for effectively managing your finances, whether you’re a newcomer to the workforce or a seasoned professional. In this article, we’ll explore the unique aspects of Washington’s paychecks. We’ll also discuss pre-tax and post-tax deductions and other vital components that make up your paycheck. Let’s dive into the various elements that impact your earnings in Washington.
Your paycheck begins with your gross pay, representing your total earnings before any deductions are taken. Various factors will reduce this amount, ultimately leaving you with your net pay. To help you grasp where your hard-earned money goes, we’ll break down these components.
Washington state has no income tax, resulting in higher take-home pay. There is also no need for a standard deduction.
An essential aspect of your paycheck is the federal income tax withheld, determined by the W-4 you provide to your employer. This crucial form establishes the correct withholding by accounting for your filing status, income, dependents, and any additional income or deductions.
In addition, Washington has a state payroll tax. The state imposes a workers’ compensation tax (Paid Family and Medical Leave). Contributing to this premium depends on the number of company employees. If the employer has fewer than 50 workers, the employees pay the full amount.
Your paycheck will also account for payroll taxes (FICA). These taxes help fund essential social programs for current and future generations. Both employees and employers share the responsibility of contributing to these programs.
Various deductions can appear on your paycheck. Contributions to retirement plans will decrease your taxable income. These are also known as pre-tax deduction(s).
On the other hand, post-tax deductions are applied after your taxable income has been calculated. These deductions may include union dues, charitable donations, and wage garnishments. As each person’s circumstances differ, staying informed about the specific deductions that apply to you is crucial.
Once all deductions and taxes have been taken into account, you arrive at your net pay. Regularly reviewing your pay stubs ensures the accuracy of deductions and offers insight into how your financial choices impact your take-home pay.
To optimize your tax situation, consider contributing to tax-advantaged accounts like 401(k) plans and HSAs. These pre-tax contributions can lower your taxable income, potentially reducing your taxes and bolstering your financial future.
Understanding your Washington paycheck and its unique aspects is invaluable for managing your finances. Review your pay stubs regularly, and consider using tax-advantaged accounts to maximize your tax situation.
Calculate your Washington paycheck
Calculating your Washington state income tax is similar to the steps we listed on our main paycheck calculator page:
- Determine your gross income
- Annual salary
Annual salary = Gross income - Hourly wage
Hourly wage × Hours worked per day × Days worked per week × Weeks worked per year = Your weekly paycheck
- Annual salary
- Work out your total federal income tax
- Gross income adjusted
Gross income − Pre-tax deductions = Gross income adjusted - Federal taxable income
Gross income adjusted − Federal standard/itemized deductions = Federal taxable income - Federal income tax liability
Federal taxable income × Federal income tax rate = Federal income tax liability - Federal payroll tax liability
Gross income × Federal payroll tax rate = Federal payroll tax liability
- Gross income adjusted
- Calculate your total Washington state income tax
- Washington state payroll tax liability
Gross income × Washington state payroll tax rate = Washington state payroll tax liability
- Washington state payroll tax liability
- Figure out your net pay
You need to account for any other deductions such as health insurance, 401(k) contribution, as well as additional withholdings.
Gross income − (Total income tax liability + Total payroll tax liability + Total pre-tax deductions + Total post-tax deductions + Total withholdings) = Your net pay - Divide your net pay by your pay frequency
- Daily
Your net pay / Days worked per week / Weeks worked per year = Your daily paycheck - Weekly
Your net pay / 52 = Your weekly paycheck - Bi-weekly
Your net pay / 26 = Your bi-weekly paycheck - Semi-monthly
Your net pay / 24 = Your semi-monthly paycheck - Monthly
Your net pay / 12 = Your monthly paycheck - Quarterly
Your net pay / 4 = Your quarterly paycheck - Semi-annual
Your net pay / 2 = Your semi-annual paycheck - Annual
Your net pay = Your annual paycheck
- Daily
State payroll tax
| Tax name | Tax year | Percent of taxable wage | Up to taxable wage |
|---|---|---|---|
| Paid Family and Medical Leave (PFML) | 2024 | 71.43% of 0.74% | $168,600 |
| 2023 | 72.76% of 0.8% | $160,200 | |
| 2022 | 0.6% | $147,000 | |
| 2021 | 63.33% of 0.4% | $142,800 | |
| 2020 | 63% of 0.4% | $137,700 | |
| Long-Term Care Insurance | 2024 2023 |
0.58% |
FAQs
How to calculate take home pay in Washington?
Follow the steps below to work out your take-home pay:
- Determine your gross income
- Work out your total federal income tax
- Calculate your total Washington state income tax
- Gross income minus taxes, deductions and withholdings
- Divide your net pay by your pay frequency
How much will Washington tax paychecks in 2024?
Washington state does not levy a state income tax but there is a Paid Family and Medical Leave (PFML) and Long-Term Care Insurance payroll tax. The rate for RFML is 71.43% of 0.74% for up to $168,600 taxable wage, while Long-Term Care Insurance takes a flat rate of 0.58%.
How much is taken out of my paycheck in Washington?
Although there is no state-level income tax, you will still be subjected to federal-level taxes. Federal income tax, Social Security and Medicare will be taken out of each paycheck. Your chosen benefits will also reduce your take-home pay.
What percentage of my paycheck goes to taxes in Washington?
In Washington, around 20% to 35% of your paycheck may go to taxes. The taxes on your paycheck include
- federal income tax (10% to 37%)
- state income tax (2% to 5.75%)
- Social Security (6.2%)
- Medicare (1.45% to 2.35%)
- Paid Family and Medical Leave
- Long-Term Care Insurance (0.58%)