cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Intuit
3 helpful votes

Take home pay explained

Take-home pay is the portion of your income remaining after all expenses and taxes have been deducted. To calculate, take your total gross income and deduct your expenses and estimated taxes.

(total income +allowable expenses - disallowable expenses - estimated tax = take-home pay)

Estimated tax is calculated from your gross income (for the selected time period.) Keep in mind, this number may differ from tax payments we show you because payments are calculated on annual projections.

Was this helpful?

You must sign in to vote, reply, or post