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How much money you take home from a $75,000 salary after taxes, depending on where you live

paycheck calculator taxes
  • The IRS took inflation into account when it released newtax brackets , which will apply to income earned in 2019.
  • Tax Day 2019 , when taxes are due for income earned in 2018, is Monday, April 15.
  • The federal income-tax ranges have shifted slightly for 2019, and the standard deduction will be $12,200 for single filers and $24,400 for married filers.
  • Using its latest paycheck calculator (soon to be updated on its website), SmartAsset calculated the take-home pay for a $75,000 salary in the largest US cities.

Every American must pay taxes , but exactly how much you pay depends partly on where you live.

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In January, the IRS released newtax brackets , which will apply to income earned in 2019. The tax brackets, known as tax withholding tables, tell employers how much to take out of employees' paychecks for federal income taxes based on criteria such as single or joint filing status.

On top of federal taxes, every state that taxes income has their own tax withholding tables. Seven US states have no state income tax Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming. New Hampshire and Tennessee don't have a state income tax either, but they do tax interest and dividends.

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In the chart below, you'll find the after-tax take-home pay for a $75,000-a-year salary in the largest US cities, which SmartAsset calculated for Business Insider using its latest paycheck calculator (soon to be updated on its website).

For the purposes of its calculation, SmartAsset assumed the following situation: A single filer with no pre- or post-tax deductions, who must pay federal income taxes, as well as Medicare and Social Security, and state income taxes where applicable.

With that in mind, the amounts you see above will be lower if you pay for medical, dental, or vision insurance through your employer, which deducts a specific amount of money, pretax, from each paycheck; if you contribute to a health savings account (HSA) or flexible spending account (FSA); or if you contribute to a tax-advantaged retirement plan like a 401(k) .

In the chart below, you'll find the bimonthly paycheck amount that's 24 paychecks a year for a $75,000 salary in the same cities listed above.

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See Also:

SEE ALSO: What people at every income level from $21,000 to $266,000 will have to pay in taxes this year

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DON'T MISS: 11 states pay more in federal taxes than they get back here's how every state fares

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