Paycheck Calculators | Calculators by Symmetry (2024)

Calculators by Symmetry

Paycheck Calculators | Calculators by Symmetry (1)

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Calculators by Symmetry are custom paycheck calculators for any gross-to-net calculation need. Intelligent, user-friendly solutions to the never-ending realm of “what-if” scenarios.

The payroll tax modeling calculators, powered by the Symmetry Tax Engine, include federal, state, and local taxes, and benefits and other deductions, and integrate directly into your website or application via an API or widgets.

Request a demo

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How it works

The full set of paycheck calculators.

Reliable data makes Calculators by Symmetry an indispensable tool, and with over 11 variations of calculators, tax clarity and client satisfaction evolve naturally.

This product’s excellence is defined at the apex of user friendliness and relevant data. Based on user input, Symmetry utilizes geocoding technology to determine the applicable taxation for each individual calculation, providing relevant and timely results.Request a demo today to see if the calculators are the right fit for you.

Salary Paycheck Calculator

Calculates net pay or take-home pay by entering a per-period or annual salary along with the pertinent federal, state, and local W-4 information. Try the Salary Calculator for Free.

Hourly Paycheck Calculator

Calculates take-home pay based on up to six different hourly pay rates entered along with the pertinent federal, state, and local W-4 information.

Gross-up Calculator

Grosses up wages based on net pay. It determines the amount of gross wages before taxes and deductions that are withheld, given a specific take-home pay amount.

Flat Bonus Calculator

Calculates withholding on special wage payments such as bonuses by using supplemental tax rates. If your state does not have a special supplemental rate, a message will be returned. State-by state compliant for those states that allow the percent method of bonus calculations. The following states do not support this type of calculation: AZ, CT, DE, HI, KY, LA, MA, MS, NJ, UT, WY, DC, PR.

Aggregate Bonus Calculator

Uses employee’s last paycheck amount to apply the correct withholding rates to special wage payments, such as bonuses. This calculator is state-by-state compliant for those states that allow the aggregate method of bonus calculations.

401k Planner

Shows how increasing contributions to a 401(k) affects employees’ paychecks and retirement savings.

403b Planner

Shows how increasing contributions to a 403(b) affects employees’ paychecks and retirement savings.

Final Pay/Termination Calculator

Determines the final payout amount based on current and prior pay period information for employee termination.

Stock Options Calculator

Determines the net gain or loss from selling stock and any subsequent taxes owed.

Tuition Calculator

Allows a tuition amount to be added to a paycheck calculation to compute taxes.

Tax Tip Calculator

Allows a tax amount to be added to the gross pay to compute taxes on tips plus regular wages.

Interested in multi-state gross-to-net calculations?
Check out the Symmetry Tax Engine.

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Over 20 million paycheck calculations in 2023.

Try Salary CalculatorRequest a demo

Features

Advantages of integrating a payroll tax modeling calculator.

Complete customization.

Change the background color, font color, style, or pre‑set values in the widgets or use the API to build a unique interface. A wide variety of options are available for customization depending on your audience. See a sample of the Salary Calculator for free.

"style": { "labels": { "font-family" : "Helvetica, Arial, sans-serif", "font-size" : "14px", "color" : "#333" }, "headings": { "font-family" : "Helvetica, Arial, sans-serif", "font-size" : "14px", "color" : "#777" },
jsonCallback({ "model": { "grossPay": "77777", "grossPayType": "ANNUALLY", "grossPayYTD": "10000", "payFrequency": "SEMI_MONTHLY", "w42020": true, "federalFilingStatusType2020": "MARRIED", "twoJobs2020": false, "dependents2020": "0", "otherIncome2020": "0", "deductions2020": "0" "additionalFederalWithholding": "100", "roundFederalWithholding": true, "exemptFederal": false, "exemptFica": false, "exemptMedicare": false, "state": "IN", "voluntaryDeductions[0][deductionAmount]": "5" },});

Flexible functionality.

JSON technology can be used to pre-populate employee data in the calculator fields or modify the calculator relative to your company’s voluntary deductions or other income items. Deductions such as medical insurance and retirement plans can also be created to mirror those items on an employee’s paystub.

Expand engagement.

Add a calculator to your website and drive traffic and repeat visitors while also improving your site’s SEO. Enhance an Employee Self-Service portal and reduce calls to your payroll department. Create as many unique or complex paycheck modeling scenarios as needed.

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Clients

Who will love it?

  • Product managers developing complex and unique tax calculations.
  • Payroll providers looking to enhance their online resources.
  • Payroll managers fielding complex tax modeling questions from employees.
  • Entrepreneurs and software developers building applications to solve new complex payroll scenarios such as paying gig economy workers.
  • "The biggest challenge we faced as an organization was how do we build and maintain a payroll calc engine that supported federal, state, and local calculations at a price point that was both effective and efficient for our business."

    Product Management

Technical Info

The API vs. Widgets.

There are two methods of integration that differentiate this technology - the embeddable widgets and the application programming interface (API).

With a sleek, customizable interface that is lightweight and loads quickly, your employees can access the calculators on any device, and they’ll look and perform great.

  • API100% statelessThe API is stateless, you can build an entire interface around it and make the calculators fit specific needs. Data is returned in JSON.Learn how

API

Build your own interface and call the Calculators by Symmetry API for the paycheck calculations. Quick to implement, the API gives you the most flexibility to design your own payroll calculators.

How API works:

  • Choose what results to show. Certain values such HSA deduction, 401(k), etc. can be displayed or not.
  • Generate predefined reports in the form of a byte array.
  • All API access is over HTTPS, with all data sent and received as JSON.

See developer docs to get more information on the API.

{ "content": "Calculators", "_links": { "self": { "href": "http://calculators.symmetry.com/api/calculators", }, "salary": { "href": "http://calculators.symmetry.com/api/calculators/salary", }, "hourly": { "href": "http://calculators.symmetry.com/api/calculators/hourly", }, "grossup": { "href": "http://calculators.symmetry.com/api/calculators/grossup", }, "bonus-percent": { "href": "http://calculators.symmetry.com/api/calculators/flatbonus", }, }}

Widgets

Copy and paste a one-line script tag into your HTML for out-of-the-box paycheck calculators. Great for quick implementation if you like the way our calculators look.

How Widgets work:

  • Responsive widgets adjust to the size of your application and window.
  • Pre-set default values in the calculator form fields inline via JSON, an external URL, or through the Calculators by Symmetry admin console.
  • Customize color, style, and font.

See developer docs to get more information on the widgets or contact Symmetry to receive a key to activate the widgets.

NameScript
Salary<script async src="https://calculators.symmetry.com/widget/js/salary.js?key=yourKey"></script>
Hourly<script async src="https://calculators.symmetry.com/widget/js/hourly.js?key=yourKey"></script>
Gross-up<script async src="https://calculators.symmetry.com/widget/js/grossup.js?key=yourKey"></script>
Flat bonus<script async src="https://calculators.symmetry.com/widget/js/flatbonus.js?key=yourKey"></script>

I was able to self-serve using the Technical Documentation and Release Documentation and received confirmation from a member of the support team. Thank you for your

great support.

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Leonardo Hinojosa, Information Technology

FAQCalculators by Symmetry common questions.

Try our contact form if you don't find your question answered here.

How often are the Paycheck Calculators updated?

The calculators are updated monthly to ensure you get the most current withholding computations, with interim releases during parts of the year when taxes change more frequently.

How accurate are the Paycheck Calculators?

As the creators of the first online paycheck calculator, we are not satisfied until accuracy is verified to the penny. As such, all calculations are tested exhaustively by our engineers before release. Because payroll systems use different methods to calculate withholding, an answer within 1-5 cents is considered acceptable based on a single work location. For multi-state scenarios, see the Symmetry Tax Engine.

Are the Paycheck Calculators suitable for payroll or tax websites?

Yes. Many service providers (payroll firms, PEOs, staffing companies) use the calculators on their websites. Calculators enrich site content, increase traffic, and are sticky for visitors.

Where can I see more examples of Calculators by Symmetry paycheck calculators?

Symmetry Software has a library of calculator examples available to prospective clients who take the calculators for a spin with our trial. Contact us to get started or for full documentation, read our Calculators by Symmetry developer docs.

Get started.

Looking for more?

  • Payroll Tax EngineSymmetry Tax Engine is a payroll processing and tax calculator to build or enhance a payroll platform, embed payroll into an existing application, and increase compliance.U.S. and CanadaLearn more about Symmetry Tax Engine
  • Local Tax FinderSymmetry Payroll Point determines complicated local withholding tax and wage rates within your product by applying latitude and longitude coordinates of a residential address and a work address.Learn more about Symmetry Payroll Point
  • Online Withholding FormsSymmetry Payroll Forms directly integrates and automates the withholding forms process at the federal, state, and local levels with over 125 compliant forms.U.S. and CanadaLearn more about Symmetry Payroll Forms
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Paycheck Calculators | Calculators by Symmetry (2024)

FAQs

How do you calculate what your paycheck will look like? ›

To calculate a paycheck start with the annual salary amount and divide by the number of pay periods in the year. This number is the gross pay per pay period. Subtract any deductions and payroll taxes from the gross pay to get net pay.

How do you calculate someone's paycheck? ›

For hourly employees, it's the number of hours they worked times their pay rate—which should be adjusted if there's overtime. If someone's on salary, their gross earnings will be their annual salary divided by the number of pay periods each year.

How to do the math for taxes on paycheck? ›

How do I calculate taxes from paycheck? Calculate the sum of all assessed taxes, including Social Security, Medicare and federal and state withholding information found on a W-4. Divide this number by the gross pay to determine the percentage of taxes taken out of a paycheck.

Is PaycheckCity.com legit? ›

PaycheckCity is a great tool for us that helps us complete payroll simply and easily. It easily calculates all taxes, sends tax forms, etc. It has simplified our payout process immensely and has saved our team time. It is not utilized by all of our team, but definitely those on the admin side.

How do you manually calculate payroll checks? ›

Your manual payroll calculations are based on the pay frequency and their hourly wage. So, for someone who is full time making $11 an hour on a biweekly pay schedule, the calculation would look like this: 40 hours x 2 weeks = 80 hours x $11/hour = $880 (gross regular pay).

How much taxes are taken out of a $1200 paycheck? ›

However , on average , approximately 22 % of a $ 1200 paycheck would be deducted for taxes , which amounts to $ 264 . This includes federal income tax , state income tax , and FICA taxes ( Social Security and Medicare ) .

What is the formula to calculate pay? ›

Multiply the number of hours worked by the hourly wage. If there is overtime, multiply the number of overtime hours worked by the overtime pay rate. Add regular pay and overtime pay together to find the gross pay for that pay period.

What is the pay calculation method? ›

Pay calculation is the formula that converts an employee's income from gross to net. Gross income refers to income before deductions, and net income refers to what a worker takes home after deductions have been made. If we think of pay calculation as a formula, it's (gross income) – (deductions) = net income.

What is the formula to calculate the amount paid? ›

To find the total amount paid at the end of the number of years you pay back your loan for, you will have to multiply the principal amount borrowed with 1 plus the interest rate. Then, raise that sum to the power of the number of years. The equation looks like this: F = P(1 + i)^N.

How much tax is taken out of a $1500 check? ›

If you make $1,500 a year living in the region of California, USA, you will be taxed $131. That means that your net pay will be $1,369 per year, or $114 per month. Your average tax rate is 8.8% and your marginal tax rate is 8.8%.

What is the formula for payroll taxes? ›

Social Security tax formula: Employee Income × 6.2% = Social Security Tax. Medicare tax formula: Employee Income × 1.45% = Medicare Tax. FUTA tax formula: Employee Income × (FUTA Tax Rate – State Credit Reduction) = FUTA Tax. SUTA tax formula: Employee Income × State SUTA Tax Rate = SUTA Tax.

Is it better to claim 1 or 0 on your taxes? ›

By placing a “0” on line 5, you are indicating that you want the most amount of tax taken out of your pay each pay period. If you wish to claim 1 for yourself instead, then less tax is taken out of your pay each pay period.

What is take-home pay Ramsey? ›

Terms may apply to offers listed on this page. KEY POINTS. Dave Ramsey states that you should limit your mortgage payment to no more than 25% of your monthly take-home pay. Your take-home pay is money left over after you pay your taxes, benefits, and other voluntary payments, such as 401(k) contributions.

What is the paycheck app? ›

The Paychex Flex App lets employers enter, review, and submit payroll as well as access employee data and reports, while employees can access and update their own information.

How much is your take-home pay? ›

Take-home pay is the net amount of income received after the deduction of taxes, benefits, and voluntary contributions from a paycheck. It is the difference resulting from the subtraction of all deductions from gross income.

How do you calculate how much I will be paid? ›

Gross pay amount is earnings before taxes and deductions are withheld by the employer. The gross pay in the hourly calculator is calculated by multiplying the hours times the rate. You can add multiple rates. This calculator will take a gross pay and calculate the net pay, which is the employee's take-home pay.

What percent will be taken out of my paycheck? ›

Your employer withholds a 6.2% Social Security tax and a 1.45% Medicare tax from your earnings after each pay period. (Take note: Individuals earning over $200,000 (as well as joint filers over $250,000 and those married but filing separately with incomes above $125,000), also pay a 0.9% Medicare surtax.)

How to calculate biweekly pay? ›

Calculating Bi-Weekly Gross Using Annual Salary
  1. 365 days in a year* (*please use 366 for leap years)
  2. 14 days in a bi-weekly pay period.
  3. Formula: Bi-Weekly Gross = Annual Salary / 365 days X 14 days.
  4. Example: if your annual salary is $50,000, your Bi-Weekly Gross = $50,000 / 365 days X 14 days = $1,917.81.

How do you calculate average paycheck? ›

AVERAGE PAY METHOD

To determine the average gross earnings, the intake worker must total the gross earnings of all the pay stubs provided and divide the result by the number of pay stubs. The result will be the average gross earnings per pay period.

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