Virginia Paycheck Calculator - How It Works
Our Virginia paycheck calculator provides accurate estimates of your net take-home pay after accounting for all applicable taxes and deductions. Whether you're in Richmond, Virginia Beach, Norfolk, or anywhere else in the Commonwealth, this tool helps you understand exactly how much will be deducted from your paycheck.
Virginia Tax Information (2023):
- • Virginia State Income Tax: Progressive rates from 2% to 5.75%
- • Local Taxes: Some Virginia counties and cities impose additional local income taxes
- • Social Security: 6.2% on income up to $160,200
- • Medicare: 1.45% on all income (2.35% over $200,000 for single filers)
- • Virginia Standard Deduction: $4,500 for single filers, $9,000 for married filing jointly
How to Use This Virginia Paycheck Calculator:
- Enter your gross pay amount before any deductions
- Select your pay frequency (weekly, bi-weekly, etc.)
- Choose your federal filing status (affects tax brackets)
- Enter allowances for federal and Virginia state taxes
- Add any additional withholding if applicable
- Check the box if you need to account for local taxes (applies to some Virginia jurisdictions)
Understanding Virginia Paycheck Deductions
Virginia residents face several types of paycheck deductions:
Federal Income Tax: Based on IRS tax brackets and your W-4 selections. The calculator accounts for your filing status and allowances.
Virginia State Tax: Virginia has progressive tax rates from 2% to 5.75%. The calculator uses current Virginia tax brackets and accounts for state allowances.
Local Taxes: Some Virginia localities impose additional taxes. For example, counties in Northern Virginia may have local taxes up to 1%.
FICA Taxes: Social Security (6.2%) and Medicare (1.45%) are automatically calculated.