2025-2026 Tax Year
No state individual income tax (Hall Income Tax on interest/dividends fully repealed).
Since Tennessee has no state income tax, the calculator only deducts federal taxes (federal income tax, Social Security, and Medicare) from your gross income. Federal income tax is calculated using 2025-2026 tax brackets and standard deductions. Social Security tax is 6.2% on wages up to $176,100, and Medicare tax is 1.45% on all wages (plus 0.9% additional Medicare for high earners). Your net take-home pay is your gross income minus these federal taxes only.
Federal Tax: Taxable Income = Gross Income - Standard Deduction ($15,750 single, $31,500 married). Tax calculated using progressive brackets (10%, 12%, 22%, 24%, 32%, 35%, 37%).
Social Security: Tax = min(Annual Income, $176,100) × 6.2%
Medicare: Base = Annual Income × 1.45%. Additional = max(0, Annual Income - $200,000 single or $250,000 married) × 0.9%
State Tax: $0.00 (Tennessee has no state income tax)
Net Pay: Net Pay = Gross Income - Federal Tax - Social Security - Medicare