What is the Tax Withholding Calculator?

The Tax Withholding Calculator is a simple tool designed to help you determine how much tax will be withheld from your income and your net income after tax. By entering your gross income and the applicable tax rate, the calculator quickly computes the total tax withheld and the remaining take-home pay. This tool is useful for budgeting, financial planning, and understanding your earnings after taxes, helping you make informed decisions about your finances.

How to Use:

1. Enter Gross Income: Type your total income before taxes.
2. Enter Tax Rate: Input the percentage of income that is withheld for taxes.
3. Click “Calculate”: The calculator will show the amount of tax withheld and your net income after tax.
4. Review the Result: Use this information to plan your budget, manage expenses, or estimate future earnings.