Finance Tools

Semi-Monthly Paycheck Calculator

Estimate your semi-monthly paycheck (24 paychecks per year) after taxes and deductions.

Semi-monthly pay means 24 paychecks per year (usually 1st & 15th or similar).

Estimate uses an effective tax rate and per-paycheck deductions. Actual withholding may differ.

Estimated net semi-monthly paycheck: $2700.00

Net = Gross $4000.00 − Taxes $1000.00 − Deductions $300.00

Estimated net monthly: $5400.00

Estimated net annual: $64800.00

Paychecks/year: 24 · Tax rate: 25.00%

How to use this semi-monthly paycheck calculator

  1. Enter your gross pay per semi-monthly paycheck.
  2. Enter an estimated effective tax rate.
  3. Enter deductions per paycheck.
  4. Review estimated net paycheck and monthly/annual equivalents.

Example

If gross semi-monthly pay is $4,000, tax rate is 25%, and deductions are $300, net paycheck is $2,700.

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