Gross-to-net Calculator

The Gross-to-Net Calculator in Tax1099 is a tool designed to help users convert gross income figures into net income. This calculation considers various deductions, taxes, and withholdings that affect take-home pay.

Navigate to the Tax1099 interface at Tax1099 - Pay Calculator-Gross Net Calculator to access the Gross to Net Calculator.

Login to Tax1099 application.
From the left pane, click Pay Calculator.

The Estimated Federal Tax Calculator page appears.
Select Gross-to-Net Calculator tab.

The Gross-to-Net Calculator page appears.
Select the section labelled Earning Details.
Under Pay Frequency.
Select one of the options:
Weekly
Bi-weekly
Monthly
Semi-Monthly
Under Pay Type, select one of the options:
Salary
Hourly
Under Pay Method, select one of the options:
Per Year
Per Pay Period
Under Gross Income, enter the gross income amount.
Under Overtime.
Select one of the options:
Overtime
Double Time
Under Pay Date, click on the calendar icon and select date.
View the summary of earnings displayed on the screen.
Check the breakdown of taxes displayed, which may include:
Federal Income Tax
Social Security Tax
Medicare Tax
Additional Medicare Tax
Ensure/Make sure all entered data is accurate and complete.
Click Next, the Federal Taxes page appears.
Under Use 2019 or earlier version of Form W-4.
Click the radio button next to Yes if you will be using the 2019 or earlier version.
Click the radio button next to No if you will not be using that version.
Specify Your Filing Status:
Click the radio button next to one of the following options:
Single or Married Filing Separately
Married Filing Jointly
Head of Household
Select Yes or No, under Are you exempt from Federal Income Tax Withholding.
Select Yes or No, under Are you exempt from Medicare Tax.
Select Yes or No, under Are you exempt from Social Security Tax.
Select Yes or No, under Work more than one job or your spouse works.
Enter the amount for dependents in Any Dependents Amount.
Enter the amount for other income if any exists in Any other Income Amount.
Enter the amount for deductions in Any Deduction Amount.
Enter any additional withholding amount in Any additional withholding amount.
Ensure that all selected options and entered amounts are accurate and complete.
Click Next, the State Taxes page appears.
Select the state under Location.
Select the Withholding Percentage by clicking dropdown.
Enter the amount, in Any additional withholding amount field.
Under Are you exempt from State Income Tax Withholding.
Click the radio button next to Yes if you are exempt from state income tax withholding.
Click the radio button next to No if you are not exempt.
Ensure that all entered data, including location, withholding percentage, additional withholding amount, and exemption status, are accurate and complete.
Click Next, the Benefits Details page appears.
Enter the amount for medical expenses in Medical Expenses field.
Enter the amount for dental expenses in Dental Expenses field.
Enter the amount for vision expenses in Vision Expenses field.
Enter the amount for healthcare FSA in Healthcare FSA field.
Enter the amount for dependent FSA in Dependent FSA field.
Enter the amount for healthcare HAS in Healthcare FSA field.
Enter Retirement contributions:
Choose 401(k) from the dropdown menu.
Type the amount for retirement contributions.
Ensure that all entered medical expenses and retirement contributions are accurate and complete.