Paycheck Calculator US Erfahrungen und Bewertung

Besides deducting federal, social security, medicare, and state taxes, the app has extra inputs to add customized deductions, for example, a 401k contribution, an HSA addition, child-care, between others.

It does it by computing a few formulas given by the IRS based on the 2020 brackets, it also adds a few extra variables related to social security, medicare, and other federal deductions.

Finally, the app allows you to add any kind of extra income, pre-tax or after-tax, tips received, bonuses, commissions, the extra money that your boss gives you based on performance, you're able to tweak your whole income completely.

All these inputs can be customized in a yearly or hourly setup, they can be calculated in different pay periods, like daily, bi-weekly, semimonthly, quarterly, yearly, etcetera, and all the numbers are quickly calculated at realtime in a single page layout.

Overtime is a common concept and most people want to know how would their paycheck work if they do a couple of hours a certain date, what happens if there is double-overtime, the app allows to add all those inputs in simple visible cards.