Learn the exact formula to calculate net pay from gross pay. Includes 2026 tax brackets, FICA rates, and real examples for hourly and salaried employees.
Published by the BestPaystubGen Editorial Team — certified payroll professionals, CPAs, and HR experts covering paystubs, payroll compliance, federal and state taxes, W-2 forms, 1099 contractors, FICA, gross vs net pay, and IRS regulations updated for 2026.
Definitions of the most common payroll terms referenced in this article:
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