Idaho Paycheck Calculator

Calculate your take-home pay per paycheck for salary and hourly jobs after federal & Idaho taxes

Updated for 2024 tax year on Jul 06, 2024

Calculate your paycheck in these states

How to calculate your Idaho paycheck

Overview of Idaho

Idaho has a population of over 1 million (2019). A significant part of its economy includes manufacturing, agriculture, mining, forestry, and tourism. Nicknamed “The Gem State”, almost every known type of gemstone has been found in the state.

Brief summary:

• the income tax rate ranges from 0% to 5.8%
• no state-level payroll tax
• has standard deductions

Understanding your Idaho paycheck

Have you ever wondered how your Idaho paycheck comes together and what causes those deductions? Let’s unravel the mystery! Your paycheck has two primary federal deductions: income taxes and Federal Insurance Contributions Act (FICA) taxes. The federal income tax depends on your income, marital status, and allowances, while FICA taxes fund Social Security and Medicare programs.

Have you ever wondered how your Idaho paycheck comes together and what causes those deductions? Let’s unravel the mystery! Your paycheck has two primary federal deductions: income taxes and Federal Insurance Contributions Act (FICA) taxes. The federal income tax depends on your income, marital status, and allowances, while FICA taxes fund Social Security and Medicare programs.

Your Form W-4 plays a crucial role in your Idaho paycheck. When you begin a new job or experience a significant life event, completing this form is important to ensure the correct amount of federal income tax is withheld. Additionally, your pay frequency (weekly, bi-weekly, or monthly) may affect the size of your paycheck.

Now, let’s talk about marital status and pre-tax deductions. Your marital status influences the tax rates and deductions you’re eligible for, while pre-tax deductions lower your taxable income. Examples of pre-tax deductions include health insurance premiums, retirement plan contributions, and flexible spending accounts.

Idaho’s income tax rates range from 1% to 6%, depending on your taxable income. There is no additional payroll or local income taxes.

Idaho offers a state standard deduction but doesn’t have personal exemptions. The deduction amounts are the same as the ones for federal. This deduction reduces your taxable income, ultimately lowering your state tax liability.

Finally, let’s address post-tax deductions. These deductions are taken from your gross income after taxes have been withheld. Examples include life insurance premiums, certain retirement plan contributions, and charitable donations. Keep in mind that post-tax deductions do not affect your taxable income.

Calculate your Idaho paycheck

Calculating your Idaho state income tax is similar to the steps we listed on our main paycheck calculator page:

1. 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
2. Work out your total federal income tax
   1. Gross income adjusted
      Gross income − Pre-tax deductions = Gross income adjusted
   2. Federal taxable income
      Gross income adjusted − Federal standard/itemized deductions = Federal taxable income
   3. Federal income tax liability
      Federal taxable income × Federal income tax rate = Federal income tax liability
   4. Federal payroll tax liability
      Gross income × Federal payroll tax rate = Federal payroll tax liability
3. Calculate your total Idaho state income tax
   1. Idaho state taxable income
      Gross income adjusted − Idaho state standard/itemized deductions = Idaho state taxable income
   2. Idaho state income tax liability
      Idaho state taxable income × Idaho state income tax rate = Idaho state income tax liability
4. 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
5. 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

State income tax brackets

Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.

State standard deduction

FAQs