How much tax you keep from a raise
A raise is not the headline number. Run the extra income through your tax rate before you celebrate.
A $10,000 raise at a 24% marginal rate is $7,600 more take-home, not $10,000.
The number you need before you pay
The how much tax on a raise is for this decision, not a definition. A $10,000 raise at a 24% marginal rate is $7,600 more take-home, not $10,000.
Enter Income, Tax Rate. The page returns Tax Amount, After-Tax Income. Nothing is stored unless you copy it.
What to enter
Use the real quote, bill, or salary — not a round number you wish were true. If a field is a rate, use the one on the offer, not last month’s headline average.
The next check
After this number, run best calculators before you accept a job offer, best salary calculator, freelance rate vs salary. The cluster page is best calculators before you accept a job offer.
Frequently asked questions
How much of a raise do I keep after tax?
Multiply the raise by (1 − your marginal rate). At 24%, you keep 76 cents of each extra dollar.
Should I use effective or marginal tax rate?
Use marginal for extra income. Effective rate is the average on all income and understates tax on a raise.
How much tax you keep from a raise is part of the Finance cluster on Qalculators. Use the related tools below to run the numbers instead of estimating by hand.
Results depend on the values you enter. Treat them as planning estimates and confirm important decisions with a professional when needed.