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Learn how to calculate federal taxes for 2023 with our free federal tax calculator for hourly and salaried employees. The calculator uses gross pay, federal and state taxes, fica taxes, and other deductions to estimate how much money is taken out from your paycheck. Use our united states salary tax calculator to determine how much tax will be paid on your annual salary
Federal tax, state tax, medicare, as well as social security tax allowances, are all taken into account and are kept up to date with 2025/26 rates.
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The following is the formula for both cases:
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