Biweekly Paycheck Estimator — v2

Now with an IRS-style (beta) federal withholding option and a simple RI bracket option. You can still use the original simple‑% method.

1) Gross pay

Hourly rate ($)

Hours this pay period

Gross wages this period ($)

Tip: biweekly is usually 80 hrs for full‑time; adjust as needed.

2) Pre‑tax deductions (optional)

401(k) % (pre‑tax)

Pre‑tax insurance ($)

Other pre‑tax ($)

These reduce taxable wages for income tax. (FICA rules can differ by benefit; this tool uses a simple approach.)

3) Tax method

Federal income tax %

State income tax % (RI)

Local tax %

Filing status

Dependents credit ($, W‑4 Step 3 total)

Other credits ($, optional)

Additional withholding per paycheck ($)

State method

This IRS-style method approximates Pub. 15‑T: annualizes wages, applies 2024 brackets & standard deduction, subtracts credits, then divides by 26.

4) FICA & State

Social Security %

Medicare %

YTD wages (for SS cap)

SS wage base (annual)

Additional Medicare % (> $200k/yr)

Flat state % (if using flat)

Local income tax %

Pay periods / year

RI brackets (beta): 3.75% up to $73,450; 4.75% to $166,950; 5.99% above (applied to annual taxable then divided by pay periods).

5) Results

Estimated Net Pay

$0.00

per biweekly period

Gross → Taxes → Net

$0 → $0 → $0

Gross wages$0.00
Pre‑tax deductions−$0.00
Taxable wages$0.00
Federal income tax−$0.00
State income tax−$0.00
Local income tax−$0.00
Social Security−$0.00
Medicare−$0.00
Total tax & FICA−$0.00
Net pay$0.00

IRS/RI modes here are approximate and for planning only. For exact withholding, defer to your paystub.