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Payroll Deductions Calculator W-4 with Exemptions

Use this calculator to help you determine the your net paycheck. This calculator uses the old W-4 created before the Tax Cuts and Jobs Act (TCJA) compliant version was available. The old W-4 format is largely obsolete, but may be used if an employee has a pre-2020 W-4 filed with their employer.

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Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.