New Jersey Paycheck Calculator
Easily estimate take home pay after income tax so you can have an idea of what to possibly expect when planning your budget
Results
Income Before Tax
Take Home Pay
Total Tax
Average Tax Rate
$ = US Dollar
Income Before Tax
Federal Income Tax
State Income Tax
State Tax Credits
Social Security
Medicare
State Disability Insurance
State Paid Family and Medical Leave (PFML)
State Unemployment Insurance
State Worker Comp
State Transit Tax
Mental Health Services Tax
Local Income Tax
Total Tax
Take Home Pay
Federal Deductions
State Deductions
Average Tax Rate
Table of Contents
Summary
Enter your employment income into the paycheck calculator above to estimate how taxes in New Jersey, USA may affect your finances. You'll then get your estimated take home pay, an estimated breakdown of your potential tax liability, and a quick summary down here so you can have a better idea of what to possibly expect when planning your budget.
This paycheck calculator also works as an income tax calculator for New Jersey, as it shows you how much income tax you have to pay based on your salary and personal details.
To learn more about New Jersey, its income tax, and tax brackets, so that you can get a deeper understanding of how your budget and finances may be affected, scroll down to the detail section below!
Frequently Asked Questions
What is the income tax rate in New Jersey?
The state income tax rate in New Jersey is progressive and ranges from 1.4% to 10.75% while federal income tax rates range from 10% to 37% depending on your income. This paycheck calculator can help estimate your take home pay and your average income tax rate.
How many income tax brackets are there in New Jersey?
The state income tax system in New Jersey has 7 to 8 different tax brackets depending on your filing status. For more details, check out our detail section.
How Your New Jersey Paycheck Works
The Garden State, land of boundless potential and progress, where every day presents new opportunities for growth and development. With its bustling cities, serene beaches, and vibrant culture, this state has something to offer everyone.
Within all this dynamism, there is one thing that keeps the wheels of progress turning: the almighty paycheck. Whether you're a resident of Newark, Atlantic City, or someplace else, understanding how your hard-earned dollars turn into take-home pay is an important practical aspect of life.
There are many factors that affect how much money you take home from each paycheck in New Jersey. First off, your gross pay is the amount of money you earn before any withholdings are taken out. This is typically just your stated salary or your hourly wage times your hours worked. Your net pay is the amount of money you take home after all withholdings are taken out.
Two of the main things taken from your paycheck are federal and state income tax. When you start working, you'll need to fill out a federal Form W-4 and a state Form NJ-W4 (Employee’s Withholding Allowance Certificate).
These two forms will tell your employer how much federal and state income tax to withhold from your paychecks based on your personal allowances and filing status. If you ever need to change your withholding amount because your life circumstances have changed, you'll need to update these forms so that the proper amount of taxes are withheld from your paycheck.
The state income tax in New Jersey is progressive, which means it imposes a higher tax rate the higher your income. There are 7 to 8 tax brackets (depending on your filing status) that range from 1.4% to 10.75%. The top tax rate in New Jersey is one of the highest in the US, but only applies to incomes over $1 million.
In addition, your income will also be subject to FICA taxes which is composed of Social Security tax and Medicare tax. Social Security tax is a flat rate of 6.2% that applies to wages up to $147,000 for 2022. On the other hand, Medicare tax is a flat rate of 1.45% that applies to all wages. There is an additional Medicare surtax of 0.9% that applies to high income earners.
Other contributions or benefits that may affect your net pay include health insurance premiums, retirement contributions, union dues, charitable donations, child support payments, etc. These may vary depending on your employer’s policies and your personal circumstances. If these are withheld from your pay before taxes like 401(k) retirement contributions, they would be called pre-tax and would lower your taxable income which can potentially help to lower your taxes.
At the end of the year, you will receive a Form W-2 from your employer that shows how much you earned and how much taxes were withheld from your paychecks during the year. You'll then be able to use this information to file your federal and state income tax returns by the tax deadline.
State Income Tax Brackets
For 2022 tax year
| Taxable Income (USD) | Tax Rate |
|---|---|
| First 20,000 | 1.4% |
| From 20,000 to 35,000 | 1.75% |
| From 35,000 to 40,000 | 3.5% |
| From 40,000 to 75,000 | 5.525% |
| From 75,000 to 500,000 | 6.37% |
| From 500,000 to 1,000,000 | 8.97% |
| From 1,000,000 onwards | 10.75% |
For 2022 tax year
| Taxable Income (USD) | Tax Rate |
|---|---|
| First 20,000 | 1.4% |
| From 20,000 to 50,000 | 1.75% |
| From 50,000 to 70,000 | 2.45% |
| From 70,000 to 80,000 | 3.5% |
| From 80,000 to 150,000 | 5.525% |
| From 150,000 to 500,000 | 6.37% |
| From 500,000 to 1,000,000 | 8.97% |
| From 1,000,000 onwards | 10.75% |
Those filing as single or married filing separately see the same brackets. Those that are married filing jointly or filing as head of household see the same tax rate range, but have the amounts slightly increased for a few of the middle tax brackets. In other words, this helps to specifically benefit the middle class.
A state standard deduction exists in the form of a personal exemption and varies depending on your filing status.
The state of New Jersey also includes several other taxes that are based on your income. These include a disability insurance tax, a family and paid medical leave (pfml) tax, and an unemployment insurance tax. All three are calculated based on your income up to certain limits and should be automatically withheld by your employer.
More From Investomatica:
For sales tax, please visit our New Jersey Sales Tax Rates and Calculator page.
Calculate Your Paycheck in Other States and US Regions
Calculate Your Paycheck in Other Parts of North America
Disclaimer
- The content shown on this page is strictly for educational purposes only. It does not represent advice nor is it a substitute for a professional advisor.
- Estimated results are just estimates. They are not a guarantee of future results.
- Tax situations vary widely and calculations can get very complex. This paycheck calculator only provides a rough estimate according to the most common scenarios for standard employment income that comes from an employer. If you are self-employed, your taxes might differ.
- There may be additional deductions, credits, exemptions, allowances, reliefs, etc depending on many factors. Some factors are about your family such as the number of dependents, children, relatives, parents, etc. Other factors may include mortgage payments, property depreciation, charitible donations, additional voluntary retirement contributions, etc. Whether or not you are handicapped and/or disabled may also sometimes be an additional factor.
- Depending on region and jurisdiction, salary bonuses may be treated and taxed differently from standard salary.
- Calculators from other sites may show slightly different numbers due to different deductions/credits being included or they are based on data from a different year.
- Generally, we review changes once a year since tax codes usually change once a year. If you notice a major miscalculation or error with our paycheck calculator (most likely caused by a typo somewhere), feel free to direct message us on twitter and let us know. However, if you have specific questions about your own personal situation, please consult a licensed tax professional.
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