New Jersey Paycheck Calculator | NJ Tax Rates 2024 (2024)

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Calculate your paycheck in these states

How to calculate your New Jersey paycheck

Understanding your New Jersey paycheck

Whether you’re a recent graduate or a seasoned worker, understanding the intricacies of your New Jersey paycheck is crucial to managing your finances. Like in every other state, federal income and FICA taxes (Social Security and Medicare) are withheld from your paycheck/

Your marital status and the number of allowances you claim on your W-4 form directly impact the pre-tax deductions from your paycheck. Common pre-tax deductions include contributions to retirement, health savings, and flexible spending accounts.

New Jersey state income tax rates range from 1.4% to 10.75%. You pay more tax when you earn more. State income taxes are calculated separately from federal income taxes.

If you’re a New Jersey employee, you’ll also notice a state payroll tax deduction on your pay stub. This deduction contributes to the state’s unemployment, disability, and family leave insurance programs.

New Jersey does not offer standard deductions. However, you can claim personal exemptions to help reduce your taxable income. Be sure to explore all available options to maximize your savings.

Lastly, post-tax deductions make their appearance on your pay stub. These include deductions for union dues, charitable contributions, or wage garnishments. It’s essential to review these deductions periodically and ensure their accuracy.

Calculate your New Jersey paycheck

Calculating your New Jersey state income tax is similar to the steps we listed on our main paycheck calculator page:

1. Determine your gross income
   • Annual salary
     Annual salary = Gross income
   • Hourly wage
     Hourly wage × Hours worked per day × Days worked per week × Weeks worked per year = Your weekly paycheck
2. Work out your total federal income tax
   1. Gross income adjusted
      Gross income − Pre-tax deductions = Gross income adjusted
   2. Federal taxable income
      Gross income adjusted − Federal standard/itemized deductions = Federal taxable income
   3. Federal income tax liability
      Federal taxable income × Federal income tax rate = Federal income tax liability
   4. Federal payroll tax liability
      Gross income adjusted × Federal payroll tax rate = Federal payroll tax liability
3. Calculate your total New Jersey state income tax
   1. State taxable income
      Gross income adjusted − (State itemized deductions + State exemptions) = State taxable income
   2. State income tax liability
      State taxable income × State income tax rate = State income tax liability
   3. State payroll tax liability
      Gross income adjusted × State payroll tax rate = State payroll tax liability
4. Figure out your net pay
   You need to account for any other deductions such as health insurance, 401(k) contribution, as well as additional withholdings.
   Gross income − (Total income tax liability + Total payroll tax liability + Total pre-tax deductions + Total post-tax deductions + Total withholdings) = Your net pay
5. Divide your net pay by your pay frequency
   
   • Daily
     Your net pay / Days worked per week / Weeks worked per year = Your daily paycheck
   • Weekly
     Your net pay / 52 = Your weekly paycheck
   • Bi-weekly
     Your net pay / 26 = Your bi-weekly paycheck
   • Semi-monthly
     Your net pay / 24 = Your semi-monthly paycheck
   • Monthly
     Your net pay / 12 = Your monthly paycheck
   • Quarterly
     Your net pay / 4 = Your quarterly paycheck
   • Semi-annual
     Your net pay / 2 = Your semi-annual paycheck
   • Annual
     Your net pay = Your annual paycheck

State payroll tax

State income tax brackets

Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.

State exemptions

There are state-level exemptions for all types of filers and dependents. Refer to Tax Foundation for more details.

FAQs