Gross Pay:
Federal Withholding:
Social Security:
Medicare:
NJ State Withholding:
Pre-tax Deductions:
Post-tax Deductions:
Formula: Net Pay = Gross Pay - Federal Tax - Social Security (6.2%) - Medicare (1.45%) - State Tax - Pre-tax Deductions - Post-tax Deductions. Federal tax estimated using 2024 brackets and allowances ($4,300 per allowance). NJ state tax estimated using progressive brackets with $1,000 per allowance.