80 hours at $30, 22% fed, 5% state
- Gross = $2,400
- Fed = $528
- State = $120
- Net ≈ $1,752
finance calculator
Vacation Payout Calculator
Estimate net vacation payout using supplemental withholding for federal and state taxes.
Results
- Gross payout
- $2,400
- Federal withholding
- $528
- State withholding
- $120
- Net payout
- $1,752
How to use this calculator
- Enter vacation hours and hourly rate.
- Set federal supplemental and state withholding rates.
- Review gross, withholding, and net payout.
Inputs explained
- Supplemental rate
- Federal supplemental withholding rate for bonuses/payouts (e.g., 22%).
- State rate
- Your state’s withholding rate (use a flat rate for simplicity).
How it works
Gross = Hours × Hourly rate. Federal/state withholding use supplemental percentages. Net = Gross − withholding.
Formula
Gross = Hours × Rate Federal = Gross × Supplemental rate State = Gross × State rate Net = Gross − Federal − State
When to use it
- Estimating take-home from a vacation payout when leaving a job.
- Adding extra withholding if needed for tax planning.
- Comparing payouts under different state rates.
Tips & cautions
- Actual tax at filing depends on total income and brackets; this uses flat supplemental withholding.
- State rates can differ; use your state’s supplemental or marginal rate.
- Add local taxes if applicable by increasing the state rate input.
- Simplified: does not model payroll taxes or progressive brackets.
- Does not include local taxes unless you adjust the state rate.
- Informational only; not a filing tool.
Worked examples
60 hours at $40, 22% fed, 6% state
- Gross = $2,400
- Fed = $528
- State = $144
- Net ≈ $1,728
Deep dive
Estimate net vacation payout by entering hours, pay rate, and withholding rates to see gross, taxes withheld, and net take-home.
Use it to plan for vacation payout when leaving a job or cashing out PTO.
FAQs
- Does this include payroll taxes?
- No. It focuses on income tax withholding. Actual paychecks include FICA; adjust if you want to approximate it.
- Will my final tax match this?
- This is withholding. Final tax depends on total income and credits; you may owe or get a refund.
- Can I add local taxes?
- Increase the state rate input to approximate local taxes if needed.
- Is this tax advice?
- No. It’s an estimate. Confirm with payroll/tax professionals.
- Do supplemental rates vary?
- The default 22% is common; check current IRS rules or your payroll policy.
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