TaxWrenPaychecks
Withholding, bonuses, overtime and take-home pay.
- Explainer · Updated October 10, 2026Bonus tax rate 2026: why 22% is withheld and what you really payBonuses are withheld at a flat 22% federal rate (37% over $1,000,000) plus FICA and state tax, but taxed at your normal rates. Who gets money back and who owes.
- Explainer · Updated October 10, 2026How much tax is taken out of a paycheck in 2026?What comes out of each paycheck in 2026: federal income tax, 6.2% Social Security, 1.45% Medicare and state tax, with amounts per paycheck by salary and by state.
- Explainer · Updated October 10, 2026No tax on overtime, explainedHow the overtime deduction works in 2026: only the premium counts, up to $12,500 ($25,000 joint), paychecks are still taxed, and how much it saves.
- Explainer · Updated October 10, 2026Social Security tax cap 2026: wage base and maximum taxIn 2026, Social Security tax stops at $184,500 of wages: up to $11,439 for employees and $22,878 if self-employed. Medicare has no cap.
Calculators for paychecks
- Take-home pay calculatorGross to net salary after federal, FICA, state and local taxes.
- Bonus tax calculatorBonus check after the 22% federal flat withholding, FICA and state tax, and what the bonus really costs at year end.
- No tax on overtime calculatorQualified overtime premium, the no tax on overtime deduction after the cap and income limit, and the federal tax it saves.