Bi Weekly Paycheck Calculator
bi-weekly paycheck calculator. Get instant, accurate results. Enter values for instant results with step-by-step formulas.
Reviewed for accuracy by Sahil, Senior Finance & Tax Editor
Bi Weekly Paycheck Calculator
Calculator
Adjust values & calculateEnter your values below. Every result is computed in your browser โ no data is sent to any server.
Formula: Bi-Weekly Gross = Annual Salary / 26 | Net = Gross - Fed Tax - State Tax - FICA
Worked example โ Net โ $1,889 bi-weekly
Formula
Bi-Weekly Gross = Annual Salary / 26 | Net = Gross - Fed Tax - State Tax - FICA
There are 26 bi-weekly pay periods per year (52 weeks / 2). Federal tax calculated using 2024 progressive brackets. FICA = 6.2% SS + 1.45% Medicare.
Worked Examples
Example 1: $65K salary
Problem:$65,000 annual, single, 5% state
Solution:Gross per period: $2,500. Federal ~$295, State ~$125, FICA ~$191
Result:Net โ $1,889 bi-weekly
Frequently Asked Questions
How many bi-weekly paychecks per year?
There are 26 bi-weekly pay periods per year. Two months each year will have 3 paychecks instead of 2, which can be helpful for budgeting or extra savings.
Bi-weekly vs semi-monthly?
Bi-weekly = every 2 weeks (26 periods). Semi-monthly = twice per month on fixed dates (24 periods). Bi-weekly means slightly smaller checks but 2 extra per year.
What is FICA tax and how much is withheld from my paycheck?
FICA stands for Federal Insurance Contributions Act and covers Social Security and Medicare taxes. For 2024, employees pay 6.2% for Social Security on wages up to $168,600 and 1.45% for Medicare on all wages, totaling 7.65%. High earners pay an additional 0.9% Medicare surtax on wages above $200,000 (single) or $250,000 (married). Your employer matches the 6.2% and 1.45%, meaning the total FICA contribution is 15.3% of wages.
How do pre-tax deductions affect my take-home pay?
Pre-tax deductions such as 401(k) contributions, health insurance premiums, HSA contributions, and FSA contributions are subtracted from your gross pay before federal income tax is calculated, which reduces your taxable income. For example, contributing $500 per bi-weekly period to a 401(k) reduces your federal taxable income by $500. At a 22% marginal tax rate, this saves $110 in federal taxes per paycheck. Note that Social Security and Medicare taxes are still calculated on your gross wages in most cases.
Reviewed for accuracy by Sahil, Senior Finance & Tax Editor ยท Editorial policy
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