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US Payroll Tax Calculator

Calculate federal payroll taxes including Social Security, Medicare and income tax withholding. Shows gross to net pay breakdown for employees.

Employee Salary

$

Employer Tax Cost

Employee Salary:$60,000

Employer FICA (7.65%):

Social Security Match (6.2%):$3,720
Medicare Match (1.45%):$870
FUTA Tax (0.6%):$42
SUTA Tax (~2.5%):$350
State Withholding:$600
Total Employer Tax:$5,582
Tax Rate:9.30%
Total Cost to Hire:$65,582

Salary is 109.30% of total hiring cost

Quick Fact

Hiring a $60k employee actually costs the employer about $64,590 when payroll taxes are included.

Hidden Cost

Employers also pay for health insurance, workers comp, and retirement benefits. Total loaded cost is typically 30-40% above base salary.

Disclaimer:

This calculator uses simplified rates. Actual employer taxes vary by state, industry, and employee classification. SUTA rates depend on company unemployment history. Consult a payroll professional for accuracy.

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